[Weekend lunch mainstream market analysis]
As the madam clearly released a dovish signal - inflation rate is slightly higher than the target level while unemployment rate is rising, "the time for policy adjustment has come" - the market's expectations for the Fed's September rate cut have been further consolidated. At the same time, the market has also ushered in a relatively good rebound recently. The big cake has soared by about 47.78% this year, not only surpassing the increase of the S&P 500 index (18.8%), but also successfully beating popular investment products such as technology stocks!
At present, the big cake has fallen below 64, and the continuous high-level consolidation and the strong market confidence in the current bulls will inevitably fall tonight to correct. The rise also needs volume. Although there was a wave of pins in the morning, it was useless. It was just data after all. I said in the morning that the pins on various platforms vary a lot. Either it strengthens the confidence to buy, or there will be a wash in this situation. So it is reasonable for me to go short at 64. It will inevitably give a retracement tonight.
The shorts this morning continue to hold
Friends who don’t have Danzi in their hands are anywhere near 64🈳! #杰克逊霍尔年会 #新币挖矿DOGS #Telegram创始人被补 #MtGox钱包动态 #美联储何时降息? $BTC $ETH