News:
1. Powell: Before the Fed's confidence in inflation continuing to move toward 2% increases, it is not appropriate to cut interest rates. Too much and too early easing of policies may harm inflation progress;
2. Fed Chairman Powell hinted that the Fed is paying more attention to when to cut interest rates, given that inflation has resumed its decline and the labor market shows signs of cooling;
3. Fed Chairman Powell: The labor market seems to have fully recovered its balance, and the next policy move is unlikely to be a rate hike;
Important data and events this week:
July 10 22:00 Fed Chairman Powell delivered a semi-annual monetary policy testimony to the House Financial Services Committee
July 11 20:30 U.S. June seasonally adjusted CPI annual rate
Technical side:
#BTC下跌分析
BTC: After oversold on July 5, it rebounded and remained below 58,500 for 5 days. The market trend can refer to the oversold rebound on June 25, which will become a major resistance to BTC's rebound tomorrow. There is obvious pressure at the 58500 daily level. If it breaks through this position, the market will still focus on rebounding. The conditions for market reversal have not yet been met. At most, it will be around 59300. The four-hour line trend is expected to go out of the M-shaped trend. If it falls below 56500 during the day, it will look at around 55000.
ETH: The upper resistance of 3070-3100 range pressure that has been emphasized every day has been effective so far. Only if it falls below 3000 during the day can the space below be opened, and it is forbidden to chase the rise and sell the fall. Before CPI, there will be no possibility of up and down breakthroughs in the market!
Cottage:
Most cottages have rebounded slightly in the past few days. The most outstanding performance is the inscription sector headed by meme. This rebound will continue until tomorrow and the day after tomorrow. Everyone can make corresponding adjustments according to the face of the big cake, mainly focusing on stablecoins!
BB: Yesterday, it was said that it was bearish to rush to 0.44. Today, there is a chance to rush to 0.43 and continue to be bearish. The retracement is large.
NOT: This rebound is more than 60%, and the subsequent focus is on the retracement signal!
#美联储何时降息？ #德国政府转移比特币 #美国6月非农数据高于预期 #币安合约锦标赛
The currency market fluctuates greatly, so be cautious when entering the market. This is my personal opinion, not a recommendation, and is for sharing only.
