Good morning, investors! Yesterday, the market seemed to have passed through thousands of mountains. After the price hit a high of 61,000, it fell slightly to 59,200 at nightfall, leaving behind a turbulent scene.
In the past seven days, we have been like loyal navigators in our daily in-depth analysis, constantly reminding everyone: Although there are occasional clear skies on the sea, undercurrents are surging, and the risk of callbacks is always there. Negative factors are like lurking reefs. The BTC selling pressure left by Mentougou is endless, and the geopolitical tensions between Iran and Israel are testing the patience and resilience of the market every minute and every second.
At the gentle moment of the dawn, the shadow of Mentougou moved again-a wallet address quietly transferred 0.0199 BTC. This seemingly small move is actually a preview of large-scale capital flows under the calm waters on the eve of the storm. It is estimated that there are still about 50,000 BTC icebergs, waiting for the opportunity to melt into the sea of the market in batches.
This week, two major events are ready to take place: at 21:45 on Thursday night, the US August PMI data will be released, and the market may usher in a new round of shocks; and at 22:00 on Friday night, the speech of Federal Reserve Chairman Powell is even more eye-catching, and his every word may become a lever to pry the market.
The general trend is that the upward road is bright, but the bumps and shocks along the way are inevitable. We foresee that it will take at least 1 to 2 weeks to gradually digest the market pressure brought by the historical legacy of Mentougou. This is a decade-long wait. Once the dust settles, it will undoubtedly be the first ray of light before dawn for the entire cryptocurrency world.
At the same time, the Fed's interest rate cut is getting closer and closer, and the first interest rate cut may come in September, which will inject new vitality and expectations into the market. However, in the face of this rapidly changing market, our advice is: when the price climbs to the $60,000 mark, don't blindly chase high prices, learn to draw strength at low levels, and select valuable currencies to quietly deploy. In the face of possible callbacks, maintain your composure and hold on to your chips, because only by enduring loneliness can you witness the moment of prosperity. For more information, click me at #新币挖矿DOGS #杰克逊霍尔年会 #开仓