Market Review

Yesterday, Bitcoin rose slightly, in line with expectations. Powell's speech in the evening did not show any obvious negative news. The expectation of a rate cut in September has increased, and the macro environment has improved. It is expected that there will be no sharp decline in the short term. You can consider short-term follow-up and seize short-term data market opportunities. The CPI data tonight is expected to be positive. You can build a collection and wait for the data market. Bitcoin and Bitcoin rose synchronously with Bitcoin. The macro environment has improved. ETF is expected to pass this week, which is expected to bring ETH to a significant increase. You can consider building a collection and wait for the outbreak of double positive news. The altcoin sector rose synchronously with the mainstream. You can build a collection of ETH's altcoins during the day and wait for the market to start.

Today's highlights

BTC 1-hour and 4-hour levels have returned to healthy levels, while the daily level is below the healthy level. The macro environment has improved, and the negative fundamentals are being digested. The market has ushered in a turnaround. Focus on tonight's CPI data. You can build a collection of BTC during the day for short-term speculation. The upper resistance is 60300-60800, and the lower support is 56800-57300. There is a greater chance of continued rise today. You can build a collection and speculate on the CPI data market, which is likely to be positive.

ETH 1-hour and 4-hour levels have returned to healthy levels, while the daily level is below the healthy level. The macro impact has improved, and the chain continues to be sluggish. The market has ushered in a turnaround. You can build a collection of ETH during the day for short-term speculation. The upper resistance during the day is 3300-3350, and the lower support during the day is 2970-3020. There is a greater chance of continued rise today. You can build a collection and speculate on the CPI data market, which is likely to be positive.

BTC rose slightly yesterday, in line with expectations. Powell's speech in the evening revealed an increase in expectations for a rate cut in September, and traders' confidence began to recover. The current macro environment has improved, and the negatives have begun to be digested. The market is developing in an optimistic direction. You can bet on tonight's CPI data, which is expected to be positive. Both BTC and ETH can be stored. It is expected that there will be an increase of about 5% after the data is released tomorrow night. You can ambush today and wait for the market to start. The market has entered the final adjustment stage. The index has reached the panic level. The mining machine has fallen below the shutdown price. The market is full of pessimism. This is what the dog dealer wants. The bull market is still there. Stay optimistic and the future is still promising.

ETH rises synchronously with BTC. ETF is expected to be approved this week. The speculation is expected to be strong. The macro environment has improved. The positive effect of ETF will be more obvious. You can continue to build ETH today. The current price is around 3100. After waiting for the CPI data to be released, the target price is in the range of 3300-3350.

The altcoin sector rose synchronously with the mainstream. Today, you can follow the strong altcoins and bet on the CPI data. It is expected that there will be an explosive market. You can consider the currencies under ETH. SATS continued to rise today. If you have not built a collection, you can consider a callback to build a collection. Pay attention to SATS in the past two months. You can buy it in batches when it is low. There will be major positive fundamental news in September: Pay attention to the CPI data at 8:30 tonight

Primary market information:

RGB++ has started free casting, and the recent on-chain activity has increased. RGB++ is also a very good new protocol, which has a good effect on the construction of the BTC ecosystem. Continue to pay attention to this sector. The market continues to be sluggish. Wait for the sector to review its popularity before taking action. The rune market is still sluggish. Pay attention to high-quality currencies in the rune market and start buying when the second wash is ready.

Intraday mainstream currency support and resistance:

Today's intraday market, BTC's support is 56700-57200, and the upper resistance is 60300-60800. ETH's support is 29703020, and the upper resistance is 3300-3350

The 3 most worthwhile cryptocurrencies to buy in 2024 with the potential to increase 100 times! Check it out!

1.Jasmy

JasmyCoin is a digital currency created by Jasmy Corporation, a Japanese company specializing in Internet of Things (IoT) technology. The goal of JasmyCoin is to help people take control of their personal data using blockchain technology. This means you will have greater control over how your data is used and shared.

JasmyCoin token is a special currency used in the Jasmy network. It helps people to conduct transactions and rewards them for sharing data with others. The token runs on the secure and transparent Ethereum blockchain.

JasmyCoin connects IoT devices to the blockchain, creating a secure way for people to exchange data. With JasmyCoin, individuals can earn money from their data, while companies can gain valuable insights from users who agree to share their data.

People are paying attention to JasmyCoin because it solves important issues in data privacy and security. By giving people more control over their data, JasmyCoin aims to change the way the IoT industry operates and create a fairer data economy.

2.LAND

Landshare is a leader in the tokenization of real estate assets. This means they enable people to buy small plots of land starting at $1. This new way of investing has attracted many investors who want to enter the lucrative real estate market.

Landshare uses blockchain technology to make it easy for people to own fractions of a property. This trend is happening in many sectors, not just real estate.

The LAND token is the main token on the Landshare platform, which has grown rapidly and is beneficial to investors. Landshare has been at the forefront of combining blockchain with real estate, allowing people to easily invest in real estate.

Landshare has successfully sold four properties using their tokens, showing that they are ready to grow. They have also shown that their platform can be used to conduct transactions on other blockchain networks.

The price of LAND tokens has been mixed lately but is still expected to rise. If it reaches its peak again, its price could rise by nearly 500% from its current price.

3.RPL

Rocket Pool is a platform that allows you to easily stake Ethereum (ETH) without having to run your own validator node. This means that even if you don’t have a lot of ETH, you can earn rewards by helping to secure the Ethereum network. The platform uses a token called RPL to reward node operators for keeping the network secure and reliable.

RPL tokens are also used to let holders vote on updates to the platform and its rules. This way, everyone who owns RPL can have a say in how the platform is run.

Rocket Pool wants to make it easy for anyone to earn staking rewards by streamlining the process and improving security. By doing so, they are helping to make the Ethereum network more powerful and resilient.

The RPL token has been experiencing some volatility lately and it will likely continue to rise before the next major move occurs.