News:
1. The probability of the Fed keeping interest rates unchanged this week is 95.9%, and the probability of a 25 basis point rate cut in September is 89.6%;
2. According to Arkham data, at 12:00 a.m., the U.S. government transferred 29,799.99 BTC, about $2.02 billion;
3. Bloomberg ETF analyst: The U.S. government may transfer Bitcoin to organize its wallets;
4. Important data and events this week;
August 1 02:00 Fed announces interest rate decision
02:30 Fed Chairman Powell holds a monetary policy press conference
August 2 20:30 U.S. unemployment rate and non-agricultural employment in July
Technical aspects:
Big cake: Yesterday's pin 70,000 quickly fell back, and the decline increased in strength and space in the evening, and finally closed with a long upper shadow real negative line, and continued to fall in the morning! From the overall shape of the daily K-line, the two pins closed the negative line, and the center of gravity of the K-line moved down, and the overall trend needs to be further adjusted. The strongest resistance of Fibonacci, 61.8% retracement line, is supported near 64850. The focus of the day is on the support of 64850-65350. The short-term upper pressure continues to focus on the 70,000 mark.
Erbing: Yesterday, Erbing's anti-fall performance was still strong. It hit a high of around 3400 yesterday and just hit the 30-day moving average to start retreating. The upper capital pressure of 3380-3420 was obviously suppressed. The morning rebounded to the 7-day moving average of the daily line. The overall trend is bullish. The lower support of the day is in the range of 3280-3250, and the upper pressure is 3380-3420!
The currency market fluctuates greatly, and you need to be cautious when entering the market. Personal opinion, no suggestions, only for sharing
