Technical side: July ended perfectly, August has already begun, I hope everyone can have a good harvest in August! At the end of July, I reminded everyone that 70,000 above is a very important resistance level. Judging from the closing of the monthly line, the overall trend has not changed. It just needs a small-level retracement. From the big picture, it is still maintaining the range of 58,500 to 70,000. When I reviewed it on Monday, I reminded everyone that at this position, we should pay attention to whether the weekly level will lead MACD to leak oil, so that it can return to the zero axis. At present, there is indeed a demand for the zero axis, and then its operating space and time period may be extended. Therefore, we should focus on the current day. The small support below is 63800. If it breaks through, we need to pay attention to the 60,000 mark. The short-term upper resistance is 65300. Ethereum is currently combined with Bitcoin. Yesterday, I reminded everyone that this position may be suppressed by the market in the short term. At present, macD also needs to return to the zero axis, and the level of the entire operation will also be extended. For now, if it goes down to 3000 or around 2900, we can pay attention to it in batches. The short-term upper resistance is 3270. News: Today, the panic and greed index dropped to 52. US Senator Cynthia Lummis proposed the "Bitcoin Strategic Reserve Act" in the Senate. The probability of the Fed's interest rate cut in September is 100%. The US Federal Reserve's interest rate decision (upper limit) is 5.5% until July 31, expected 5.50%, and the previous value is 5.50%. Unemployment rate and non-farm payrolls will be released at 20:30 on Friday
