Today's air traffic fluctuated strongly. The price ratio rose in the morning and then fell under pressure. The price ratio rebounded and rose in the afternoon, fluctuating upward. After the CPI news was announced in the evening, it rose to the first line, and then fell back quickly. The high point of Bitcoin broke through the 59,000 mark to the first line of 59,650. Ethereum developed synchronously, with a high point of 3217. Our real-time Buju failed to give a suitable entry position in the afternoon, and then arranged to catch the rebound strength first. Bitcoin has a total of more than 4,000 points of space, and Ethereum has a total of more than 200 points of space. It is another successful day.

According to the news, there are only 15,552 BTC (US$894 million) left in the German government address, which is about 31% of the original amount seized from the pirated movie website Movie2k in January. In the past 16 hours, the German government may have sold BTC worth $496 million, including: 10,853 BTC ($637 million) at about $58,659; 2,442 BTC ($141 million) at about $57,560. Powell's two-day congressional hearing is over. What he said is no longer important. What is important is the market feedback. The US dollar index rose slightly by 0.1% on the first day and fell slightly by 0.12% on the second day; the market's probability of a rate cut in September remained stable at around 73%.

From the four-hour line, the current market has fluctuated in the range of 57,000 to 59,000 recently, forming a shock consolidation pattern. Although there was a sharp rise in the past two days, it then pulled back, indicating that there was a lot of pressure from above. From the hourly line, the three consecutive negative and small positive candlesticks on the K-line all have upper shadows, suggesting that the current upward momentum may weaken. Technical indicators show that there may be a rebound in the short term, but the overall trend may continue to decline, and both long and short positions need sufficient volume to have a chance to break. In summary, we are still optimistic about the increase in short positions tonight, and suggest entering the market on a rebound.

Bitcoin can be shorted at 58200-58500, with a target of around 56500; Ethereum can be shorted at 3180-3110, with a target of around 3030. #美国6月CPI大幅降温 #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 #币安7周年