Just now, I woke up and the price of Bitcoin reached 66k again. The whole market fluctuated violently. What happened in the market? An important signal appeared at the daily level. You may not know it yet. Regarding today's Bitcoin trend, I will briefly explain a few key points:

1. Bitcoin soared after testing 63.5k at the lowest point during the US trading session last night. The overall trend is in line with expectations!

2. From a technical perspective, the daily, weekly and monthly trends are all bullish resonance patterns. Last night, the daily line closed at the hammer line with a lower lead. The red kinetic energy column of the 4-hour Macd indicator further converged. The short kinetic energy is weakening. We continue to hold the currency bullish and remain unshakable!

3. Data show that the US GDP growth rate in the second quarter exceeded expectations and inflation fell; the number of initial jobless claims in the United States for the week ending July 20 was 235,000, which was expected to be 238,000 and the previous value was 243,000. The expectation of a rate cut in September was not affected!

4. US stocks closed mixed on Thursday, with the Nasdaq and S&P falling for three consecutive trading days. The Nasdaq and S&P 500 indexes fell for the third consecutive trading day. Ford Motor's stock price plummeted after the release of its financial report;

Gold stocks fell collectively, and international spot gold once fell by more than 2% during the day; the prospects of the US election are unclear, and the risk aversion of market funds has increased, dragging down the price trend of gold and silver!

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