7.10 Market Sharing

Technical side:

The resistance level that I reminded you yesterday has arrived accordingly. The view remains unchanged at present. It needs to fluctuate to repair the relationship between the K-line and the moving average, and then retreat and fluctuate to the bottom. At present, 58300 and 3100 are the long-short watershed of the big two. The upper group of the big cake is 58300 and the strong resistance is 60300. The upper resistance of Ethereum is 3100 and the upper strong resistance is 3250. The lower support of the big cake is 56700-54500, and the support of Ethereum is 2982-2900. There will be a small rebound in the next two days, but it cannot constitute a reversal.

Patience is waiting for the general direction to stabilize. Therefore, at this time node, we must control the position, and then use part of the position to build a position on the right side. However, the market situation is uncertain and unclear. We need more time to learn and settle down, and patiently wait for the arrival of the market. It happens that we have such offline sharing sessions on the 17th and 18th. Everyone is welcome to participate!

News:

Ethereum ETF 7.8 has submitted S-1, and is expected to be listed around 7.15

7.11 Initial jobless claims for the week, June CPI data

On Tuesday, Fed Chairman Powell: Before the Fed's confidence in inflation continuing to move toward 2%, the interest rate cut policy is not appropriate, and the FOMC is unlikely to cut interest rates when it meets at the end of this month

Powell's speech will be at 10 pm on Wednesday

CME Fed Watch: The probability of a 25 basis point rate cut in September is 71.8%

Spot Bitcoin ETF purchased $438 million worth of BTC from July 5 to 7

Ethereum L2 TVL rebounded to $39.5 billion, and the decline narrowed to 8.37% on the 7th

#心诚 #大盘走势