Market Analysis 7.3

Good morning, brothers.

Last night, Powell gave a speech, saying that inflation has made considerable progress,

but he is still unwilling to let go of whether there will be a rate cut in September and when it will start!

Powell's speech is positive, gold rose, and the US dollar index DXY fell.

It should rise, but BTC fell in the opposite direction.

Yesterday, not much ETF funds flowed in.

In terms of on-chain data,

although BTC did not continue to flow into exchanges in large quantities,

it is worrying that stablecoins show the dynamics of outflow from exchanges.

So, although we are optimistic about the general rebound,

we still need to prevent the last drop,

which is why we remind everyone not to chase the rise.

This Friday at 20:30, non-agricultural data will be released.

The last time the non-agricultural data exceeded the standard abnormally, it hurt the currency circle very much.

This time it should be normal.

Although it seems to be under a lot of pressure, don't sell at the bottom,

otherwise, when things rebound, your mentality will be out of control and blame others.

The current position does not exceed 50%,

and you can continue to buy at the bottom when there is a big drop.

Inflation will always go down, Mentougou will always be solved,

Don't fail tomorrow, you can win the day after tomorrow.

#BTC #BTC走勢分析 $BTC