July 2/USD rate cut timing unchanged, depends on US employment data
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The highest point of Bitcoin's rebound on July 2 was 63,800, which coincides with the pressure point of 64,000 in yesterday's article.
Bitcoin's rebound is still relatively strong, with a short-term small double top of 63850.
What does the Fed Chairman's speech mean? Inflation has fallen, but it still depends on the employment data in July, August and September. At present, the US interest rate cut will still be in September or November.
Don't worry about the cryptocurrency world during this period, as it is too small. Financial institutions in Japan, South Korea, Europe, and the United States are the ones you need to worry about.