The market trend on Saturday showed a fluctuating upward trend with the news. Friends who entered the market at a low level can hold on patiently. Friends who have not yet entered the market can use short-term long and short operations to take full advantage of the weekend volatility.

Current news situation: The probability of the Federal Reserve cutting interest rates in September has reached 92.5%, which means that the probability of a rate cut in September is stable. In addition, the rate cuts before the end of the year have changed from 1-2 times to 2-3 times, and the probability of 3 rate cuts exceeds 43%, which also means that investors' expectations for this year have risen a lot; yesterday afternoon, the German government wallet began to transfer money out one after another. As of now, the number of big cakes held by the German government has finally returned to zero, and the largest seller in the past half month has cleared all big cakes; and everyone has seen the impact on the price, which has basically not changed much. The impact of dumping and shipping on the market is much smaller than the volatility of market policies; at the same time, ETFs bought $300 million yesterday and still maintained a strong buying momentum.

The current market structure shows that the market trend is relatively slow. From the technical structure, the M-top pressure of the weekly price comparison is still very strong. After falling below the neckline area last week, it rebounded to test the pressure, but it has not stabilized above it and cannot stabilize above 68500-69000, which is not enough to reverse. The same is true for the daily level. Although the rebound has repeatedly broken through the 58500-59000 pressure and fallen below the channel, the upper pressure is still very strong after the rebound test bottom-top conversion. Overall, the medium-term bearish trend remains unchanged. You only need to pay attention to the stabilization of the 59000 area. It is unlikely that there will be a large amount of bullish upward movement on the weekend. Therefore, it is recommended to find the right range of shocks to operate back and forth. #美国6月CPI大幅降温 #币安7周年 #美联储何时降息？ #美国大选如何影响加密产业？ #德国政府转移比特币