Odaily Planet Daily News Secondary trader Mining Penguin posted on the social platform that, combined with the K-line trend, market structure and potential policy impact, the current medium-term spot market is cautious, and there may be a correction to below the previous low of $76,500 in April and May, with an expected range of $71,000-74,000. At that time, the spot entry position will be sought depending on the situation.
He pointed out that the Federal Reserve is currently cautious and may postpone the two interest rate cuts in 2025 that were originally promised verbally, and Trump's policy inclinations in the adjustment of the US stock market also need to be continuously monitored. He believes that if there is a large correction in the second quarter, the third quarter is expected to usher in a recovery market.