News:
1. Fed Daly: The economy shows that one or two rate cuts this year are more appropriate;
2. Fed Goolsbee: One or a series of rate cuts can be considered;
3. US SEC Commissioner: There is fraud in the cryptocurrency market;
4. Important data and events this week:
July 12 22:00 US July one-year inflation rate forecast initial value
Technical aspects:
BTC: It has risen and fallen for two consecutive days and closed with a negative line. It fell below the support of 57200 in the past two days in the morning, and the center of gravity of the K line remained downward as a whole. From the 4-hour line, the upper pressure during the day is 57650-58150. From the daily line, beware of the positive data in the evening pushing the pin to 58800. The overall direction is mainly bearish, and the lower support during the day is 55800 and 55100.
ETH: Affected by the launch of the spot Ethereum ETF, Ethereum is still relatively strong. Yesterday, it hit a high and then fell back to close with a small negative line. In the morning, it dropped to the support of the seven-day moving average of 3055 and rebounded to around 3100. The upper pressure during the day is in the range of 3120-3150, and the lower support is in the range of 3030-3000. The overall trend is mainly bearish at the rebound high.
Shanzhai: Yesterday, I talked about the last day of optimism about Shanzhai. I thought that yesterday's rebound was the best opportunity to clear the warehouse and wait and see!
ZRO: The four-hour line remains oscillating downward as a whole. The upper pressure during the day is in the range of 3.9-4.1, and the lower support is at 3.6. If it falls below, it is expected to retreat to around 2.8-2.4;
SATS: After yesterday's four-hour high and fall, it began to move out of the Yin line, giving a short-selling signal. Currently, there is support at the 18 position. In the short term, it will break through 17 to open up the space below;
The currency market fluctuates greatly, and you need to be cautious when entering the market. This is my personal opinion, no suggestions, and it is only for sharing
