Crypto market analysis 7.03    Market clearing chips, a new round of rebound is brewing

The probability of the Fed keeping interest rates unchanged in August is 91.7%, and the probability of a 25 basis point rate cut is 8.3%. The probability of the Fed keeping interest rates unchanged by September is 31.2%, the probability of a cumulative 25 basis point rate cut is 63.4%, and the probability of a cumulative 50 basis point rate cut is 5.5%.

Nate Geraci, president of The ETF Store, said on social media that BBG insists that the spot Ethereum ETF will be issued in mid-July. The revised S-1 will expire on July 8, and the final S-1 may be submitted before July 12. In theory, it means that it will be launched in the week of July 15, which also means that after a part of the funds for Ethereum speculation in the second half of the month enter the market directly, the subsequent SOL ecological speculation will begin.

SOL is also about to face the expectation of ETF speculation, so there are many tokens on the SOL ecosystem that have great potential to benefit from this round of speculation.

Daily level market

- ​​The daily level is in a large downward trend, but there is a rebound at the bottom. The upper daily level pressure is around 65,500, and the lower support is around 60,000.

4-hour level market

The 4-hour level has officially started a period of repair. It encountered pressure from the top and continued to fall without breaking through. The upper pressure is around 62,500 and 61,500, and the lower support is around 60,000.

 Intraday level analysis

-----Close the monthly line, the bottom is likely to appear around 57,000--58,000, and the possibility of continued decline is relatively small, but the middle track pressure is around 64,000. After breaking through and stabilizing, the target can be seen around 68,000.

The intraday level upward trend has started. After most of the long orders were cleared yesterday, the probability of starting a repair is much greater. The bottom is around 60,000, and the upper pressure is still around 64,000. The remaining space is enough for the growth of the cottage. It is expected that the growth of the cottage will not be very large. It needs to continue to see the situation to decide, because there is still no capital entering the market, so there is no need to have too high expectations. Just look at the rebound of the cottage and unemployment benefits and non-agricultural data.

          Spot can safely pass through this difficult moment in the history of encryption, and stay calm when encountering things. #非农就业数据即将公布 #BTC走势预测