Global financial landscape is polarizing; will the pace of rate cuts accelerate? Thoughts on the big Bitcoin move on 2.6

The global financial landscape is experiencing an unprecedented "ice and fire" situation! On one side, the US and UK central banks are hovering on the edge of easing, while on the other side, the Reserve Bank of Australia, New Zealand, and Japan have quietly entered the tightening camp. The Federal Reserve kept interest rates unchanged last month and hinted that it might be a long wait before further rate cuts. However, the nominee for Fed Chair, Waller, will succeed Powell after his term ends in May. He has called for rate cuts and balance sheet reduction. This policy mix could steepen the US Treasury yield curve, but the overall trend of interest rates remains uncertain. Conan believes that, based on Trump's temperament, Waller will likely cater to Trump and push for rate cuts! What do you all think?

Recently, bottom-fishing shouldn't be about big-picture strategies; opportunities with capital preservation and loss-cutting should not be missed. The bearish momentum is too strong, coupled with continuous outflows from spot ETF funds, so bulls have no strength. Although there is a rebound demand technically, without positive news or capital inflow, the gold price has also been falling recently, which might lead to capital returning. So, those with positions can try to buy some spot, and leverage should be kept light, gradually entering in batches!

2.6 Short-term strategy:

For Bitcoin, short at 70,000-70,500 on rebounds, conservative traders can enter at 71,000-71,500, with a stop around 72,000. Targets are around 69,000-68,000-67,000. If broken, look at 66,000-65,000-64,000, and continue to move stop-loss accordingly based on the situation!

For Ethereum, short at 2030-2070 on rebounds, conservative traders can enter at 2130-2170, with a stop around 2230. Targets are around 1950-1920-1900. If broken, look at 1850-1800, and continue to move stop-loss accordingly based on the situation!

2.6 Long-term strategy:

For Bitcoin, buy in batches on pullbacks to 63,000-64,000, with a stop around 62,000. Targets are 65,000-66,000, then 66,500-67,000-67,500-68,000. If broken, continue to move stop-loss accordingly based on the situation!

For Ethereum, try to buy on pullbacks to 1870-1900, with a stop around 1750. Targets are 1950-2000, then 2020-2050. If broken, continue to move stop-loss accordingly based on the situation!

This wave of decline has already broken below the price before Trump took office. Although there is no positive news, the low price might attract institutional and whale capital inflows. Currently, chasing shorts at this price has limited room, so be patient and wait! #当前行情抄底还是观望？