Crypto market analysis 7.13 Betting on a 50 basis point rate cut? How terrifying are traders who have been suppressed for two years
Senator Cynthia Lummis said on the FOX News program, "Having Bitcoin reserves can help the dollar remain strong." She also said that the current US senator saying this on national news television definitely means a change in the rules of the game and an adjustment in the future direction.
PPI data is bearish, and the market continues to rebound after falling. The attention to the interest rate cut in September is still high. The CME's Federal Reserve observation tool shows that the rate cut has risen to about 92%. More aggressive traders have begun to bet on the Federal Reserve to cut interest rates by 50 basis points. Now it seems that the market is returning.
Daily level market
- The daily level is a large-scale downward trend, the upper daily level pressure is around 60,000, the lower support position is around 56,000, and the middle track support is around 57,500.
4-hour level market
The 4-hour level market is under pressure in the upward trend, with bottom support near 56,500, middle track strong and weak support near 57,500, and upper pressure near 58,500.
Intraday level analysis
-----Bitcoin's pin has ended, and the annual bottom has appeared. If there is still a possibility of a bottom, then there is a probability of a post-impact shock, but there is nothing special to guard against.
The certainty of Bitcoin is already very high, but it is still necessary to guard against it. Yesterday's expectation was that the extreme pin was near 56,000. What needs to be done today is to lie down and spend the weekend with peace of mind.
The exchange rate between Bitcoin and cottages has begun to reverse, and the small cottage season may be coming. Opportunities are rare and will never come again. Have you bought the chips? What are you waiting for?
Spot can safely pass through this difficult moment in the history of encryption, and be calm in the face of things. #币安7周年 #美联储何时降息？
