This week’s focus:
Powell will speak at 10:00 p.m. on Tuesday and Wednesday.
CPI data is released at 8:30 pm on Thursday.
Ethereum ETF is expected to be approved this week, what do you think?
This afternoon, the information about Ethereum's ETF this week came out, and the market rebounded from 54,300 in the morning to 58,300. Those who like to do more contracts were jealous. As early as June 30, after BTC had a 4% positive line below the line (4-hour MA250), I repeatedly emphasized that the market would come in mid-July, because although Bitcoin stood on the 5-day line, the 10-day line and the 20-day line were still steeply downward. It is expected to take 2 weeks for the three lines to converge (that is, mid-month), and then add a positive breakthrough to start a big market, so it is still not a good opportunity to do more strongly below the line.
How to operate spot and leverage at present?
So the question is, how to open an offline (4-hour MA250) contract? Can I buy spot now?
Open as few contracts as possible. According to the current rhythm, the price will not fall for more than two days, and it will not be as good as two positive days. For Bitcoin, do intraday long or short in the range of 55,000 to 58,000, and wait patiently for the opportunity to buy a long order online.
Spot can gradually build positions at low levels, change positions in PEPE, PEOPLE, WIF, SOL, UNI, ONDO, FET, ETH and other currencies with active funds. Patiently wait for the convergence of the three lines. Time, space and news are all in the second half of the month.
My personal views on some hot currencies
doge
The stabilization structure point of Dogecoin is here at 0.112. Either stand on the reverse hand 0.112 as a support reference, or look for the position below 0.1-0.1025 and 0.94! I think Dogecoin still has a market! Musk concept coin is just not launched before this coin is difficult to have a sustained market! The bottom group of Dogecoin is very good! The market information node may be paid on Twitter! Have to wait!
people
The K-line of the people rebounded violently last night. It should be the support level to lure more! The structure broke and then fell in volume! I think the funds are fleeing! But it is not recommended to go short. All the cottages after the current big drop are not suitable for chasing shorts! Because you must always prevent the main force from counterattacking and killing positions! The amplitude is large enough! Don't speculate! I think the final trend of PP will go to the white line support of about 0.35! It is recommended to wait and see! Don't go to the bottom game for the time being! The cost performance is not high!
ZRO
The ZRO market is really hot and the volume is sufficient! The rebound is the first to be pulled directly to the trend pressure line! Yesterday's new high position was a position for running away and reducing positions! The structure is under pressure to fall! Pay attention to the support of 3.55. If it breaks 3.5, the upward trend of this coin will decline!
If you want to trade this coin
Focus on two locations only
One: about 3.55
Two: Between 2.98-3.05
This coin can only be traded in the same direction as the trend!
NOT
NOT is a good coin. The structure is very good! The structure is relatively standard. The pressure is around 0.165 and the support is raised to 0.13.
Full circulation, with MEME attributes and a good investment background! This coin can be configured when it falls back! This coin has explosive power in the bull market! Pay attention to around 0.13 in the short term. Find a low point to configure and pay attention!
sats coins
Recently, the short-term rose by 30%
UniSat announces that L1 Swap development is nearing completion, and Fractal Swap is scheduled to go live in September
$1000SATS rose 30%. After BRC20 SWAP is launched, it will be more convenient to trade inscriptions in the future! The biggest beneficiary is of course SATS, and the three inscriptions have all seen a good increase!
But it has already risen so much, don’t chase high prices!
That’s all for today’s article. We are currently in a bull market, and things are turbulent. We share passwords every day.
