Svmuu News: Lewis Huang, Chief Analyst of Bitget CFD, pointed out during a live online broadcast titled “Interest Rate Hike Expectations Cool: Technical Analysis Takes Over the Trend” that global financial markets are currently at a critical juncture where macroeconomic narratives and market movements are intertwined.He emphasized that as recent overall economic data has been released, market concerns over the Federal Reserve maintaining an aggressive interest rate hike path have significantly subsided. Against the backdrop of weakening macroeconomic headwinds, capital is seeking a new direction, and market logic will gradually shift from being “news-driven” back to being “technical analysis-driven.”
Regarding the current market landscape, Lewis Huang stated that when macroeconomic expectations converge or stabilize, “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 patterns for gold, U.S. stocks, and major stock indices. He pointed out that as the risk of interest rate hikes recedes, non-interest-bearing assets (such as gold) and risk assets (such as stock indices) are exhibiting clearer technical boundaries.He advised CFD traders to temporarily reduce their reliance on macroeconomic data at this stage and shift their trading focus to price action itself, using key support and resistance levels along with trend indicators to flexibly capture swing and trend trading opportunities as market sentiment shifts.