【Analysis of the macro market of mainstream currencies in the future on August 17】
Recently, the upward test has not continued to break new highs many times. After retreating to the key support, it also bottomed out and rebounded. The ups and downs are strong. Last night, it fell first and then rose. The rebound in the early morning is currently 59,000, which has the intention of stabilizing, but it has been suppressed near the integer mark in the early morning and morning. Considering the weekend suspension, we will choose a conservative wait-and-see approach in the next two days. If it continues to push higher during the early morning of Sunday, then we can consider leaving the market with a small bamboo shoot.
Let's go back to the daily line. At the beginning of the week, it was a continuous positive test to pull up. In the middle of the week, it began to retreat with continuous negatives. The entity was not large and the high point gradually went down. Yesterday, it bottomed out and rebounded to close with a small positive. Based on the strength of the rebound and the strength of the retracement, it can be known that this week's retracement has already wrapped up the previous positive column, so the market has returned to the rhythm of shock and downward.
U.S. Treasury bonds continue to rise, the U.S. dollar index is weak and falling, and geopolitical relations continue to become tense. Under the combined stimulation of multiple factors, the price of the currency needs to transform this wave of retracement structure if it wants to continue to boost upward, so I personally maintain a bearish mindset for this week and next week. The market is likely to return to around 55 again. #美国CPI数据连续第4个月回落 #新币挖矿TON #美国7月PPI低于预期 #WBTC #TON $BTC $ETH