Bitget CFD Chief Analyst: Cooling Rate Hike Expectations Mean Technical Analysis Will Take Full Control of Market Trends

Odaily Odaily, Bitget CFD Chief Analyst Lewis Huang stated during an online broadcast themed "Cooling Rate Hike Expectations: Technical Analysis Takes Over Trends" that the current global financial market is at a critical juncture where macro narratives and market trends alternate. He emphasized that with the gradual release of recent economic data, market concerns over the Federal Reserve maintaining an aggressive rate hike path have significantly cooled. Against the backdrop of diminishing macro fundamental pressures, capital is searching for new directions, and market logic is transitioning from "news-driven" to "technically dominated."

Regarding the current market landscape, Lewis Huang stated that when macro expectations converge or stabilize, "technical analysis will reflect all market information." During the practical analysis segment of the broadcast, he provided an in-depth breakdown of the latest chart structures for gold, US stocks, and major stock indices. He pointed out that due to the retreat of rate hike risks, non-yielding assets (such as gold) and risk assets (such as stock indices) are displaying clearer technical boundaries. He advised CFD traders to temporarily reduce their reliance on macro data speculation in the current environment, shifting their trading focus to price action itself. By relying on key support and resistance levels and trend indicators, traders can flexibly capture swing and trend trading opportunities arising from shifts in market sentiment.