Bitget Analyst: Rate Hike Concerns Cool, Technical Analysis to Drive Market Trends

According to Foresight News, Bitget CFD chief analyst Lewis Huang said the market is shifting from macro data-driven trading to technical analysis as concerns over aggressive Federal Reserve rate hikes have significantly eased. With economic data stabilizing and rate hike risks receding, traders should focus on price action and key support-resistance levels rather than macro data speculation.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments