The article was edited on 2023.8.11 11:00 AM. All opinions do not constitute any investment advice! For learning and communication only.
Last night, the U.S. announced that the Consumer Price Index (CPI) for July increased by 3.2% year-on-year, better than market expectations, and the core CPI increased by 4.7% year-on-year, a new low in the past two years. After the data was released, many institutions believed that the annual inflation rate in the United States in July increased compared with June, but the monthly price increase was still mild, which may prevent the Federal Reserve from raising interest rates in September. Federal funds rate futures show that the probability of keeping interest rates unchanged in September is close to 90%.
Yesterday, the high point of the big cake was around 29740, and the low point was around 29320. After the release of the CPI data last night, the big cake went through a small up and down market, reaching a high of 29738 and then began to fall. The recent data has little impact on the market, and the overall volatility is still small and the trading volume is sluggish. It is still in a downward trend in the short term. In the short term, pay attention to the suppression of the 30,000 mark.
The daily level closed with a small negative line yesterday, and the Bollinger Bands moved downward. Suppressed by the Bollinger upper rail 29900, the MACD volume was still sluggish, and the 4-hour Bollinger Bands began to close. Supported by the Bollinger middle rail 29100, the MACD volume went down. In terms of operation, it is recommended to go long with a light position near 28700, with a target of 29300-29800, and short with a light position near 30100, with a target of 29500-28800, and a stop loss of 350 points each. The market changes in a myriad of ways, and the specific operation is mainly based on real-time strategies.
Ethereum's high yesterday was around 1865 and its low was around 1845. After the data was released, Ethereum pulled up and reached a high of 1865 before starting to fall back. It did not effectively break through the trend line and is currently running along the downward trend line. It is still in a convergence zone as a whole. We need to wait patiently for the market to choose a direction.
The daily level closed with a small negative line yesterday, and the Bollinger Bands moved downward, supported by the lower Bollinger Band 1820. The MACD volume was sluggish, and the 4-hour Bollinger Bands began to close, suppressed by the upper Bollinger Band 1870. In terms of operation, it is recommended to go long with a light position near 1820, with a target of 1850-1860. You can go short with a light position near 1860, with a target of 1830-1800, and a stop loss of 25 points each. The market changes in a myriad of ways, and the specific operation is mainly based on real-time strategies.
Disclaimer: The above content is personal opinion, the strategy is for reference only, not as an investment basis, if you follow up at your own risk. $BTC $ETH #荣耀时刻
