Bitget CFD Chief Analyst: Rate Hike Expectations Cool, Technical Analysis to Fully Take Over Market Trends

Odaily Planet Daily News: Bitget CFD Chief Analyst Lewis Huang stated during an online live stream titled "Rate Hike Expectations Cool: Technical Analysis Takes Over Trends" that the current global financial market is at a crucial juncture where macro narratives and market price action alternate. He emphasized that with the recent release of overall economic data, market concerns about the Federal Reserve maintaining an aggressive rate hiking path have significantly cooled. As macro fundamental pressure weakens, capital is seeking new directions, and market logic is gradually shifting from "news-driven" back to "technically dominated."

Regarding the current market structure, Lewis Huang indicated that when macro expectations become consistent or stable, "technical analysis will reflect all market information." During the live stream's practical analysis segment, he provided an in-depth breakdown of the latest chart structures of gold, U.S. stocks, and popular indices. He pointed out that due to the ebbing of rate hike risks, non-yielding assets (such as gold) and risk assets (such as stock indices) are exhibiting clearer technical boundaries. He advised CFD traders to currently de-emphasize reliance on macro data speculation, shift their trading focus back to price action itself, and flexibly capture swing and trend trading opportunities amid market sentiment shifts by relying on key support and resistance levels and trend indicators.