The weekly jobless claims data just released were better than expected, which to some extent increased Powell's determination to cut interest rates in September. Objectively, the data in the morning was in line with the expectations of the entire market, and Powell's dovish speech was also very obvious. The surge in US stocks was a real prelude to buying expectations.
The world's makeshift team gave a piece of candy and then immediately slapped it in the face, and it was very unexpected. Just after Powell released the expectation of interest rate cuts, at 3 a.m., a statement came out that the Iranian leader ordered an attack on Israel. It is understandable to avenge the leader, but it is hard for retail investors in the cryptocurrency circle.
As a risky asset, the big pie has directly fallen by several dimensions, and the rebound in recent days has basically returned to the starting point. This wave of market crash directly hit the enthusiasm of many people, and fortunately, it was given a relatively good buying price again.
Bitcoin spot ETF has been in a state of capital inflow for more than half a month. The market is stable and improving. Before the macro adjustment, the most important thing for partners waiting for opportunities is to have a more suitable entry point. At least before today, partners who are not on the train are at risk of missing out. The opportunity comes so quietly. Putting aside other currencies, Ethereum below 3200 points can really be aggressive.
The entry of Wall Street giants was carried out at an average of 150 million US dollars per day in the first 20 days. Uncle San said before that for capital institutions, market participation for the purpose of making money is their most core quality. All the man-made and non-man-made market downturns, inducements to sell more, etc., are aimed at getting retail investors to hand over their chips.
There is still one and a half months to September 18th, and this month and a half is undoubtedly the most challenging for human nature. Not many people can make it to that day. Under the stimulation of the 24-hour non-stop market, with the increase in amplitude and the gradual strengthening of expectations for the future market, the sentiment of increasing positions and leveraging will gradually rise, and eventually plunge into the fantasy of getting rich quickly, and with a huge shock trend, completely miss the stage of taking off.
To win in a stable manner, the first thing is to stop being the fuel of the market. All the resentment and discomfort will be relieved the moment the bull market really takes off.
Yesterday, the Bitcoin spot ETF had a net inflow of 500,000 US dollars, which is better than nothing. Grayscale's mini BTC ETF had a net inflow of 18 million US dollars on its first day of listing. The data of Bitcoin is supported by these two. Ethereum spot ETF had a net outflow of 77.2 million US dollars, and Grayscale ETHE once again rose to a high outflow of 133 million US dollars. Compared with Grayscale's performance in the early stage of Bitcoin spot ETF, it can be relatively optimistic that Grayscale has gone from having only sell orders at the beginning to the current buying and selling shock period, and it is expected to be not far from the end.
This protracted battle of waiting for interest rate cuts has been going on until now, and many people are exhausted physically and mentally. Companionship is the most lasting confession. The moment when the crypto market is waiting for the market to reach its peak, the feeling is the most profound. The so-called great wisdom is to wait for trends, take cycles, have a high profit and loss ratio, have fewer negative emotions, and feel comfortable holding coins.
BTC: Bitcoin briefly touched the support of 63,500 points again. What needs to be paid attention to in the evening is the support of the range of 63,500 to 63,000 points. Judging from the weak rebound during the day, the probability of Bitcoin continuing to fall below 63,000 points is relatively high. After all, the benefits of interest rate cuts will last for more than a month, which is enough for the dog dealer to do a lot of things during this period. Players who hold coins in the trend can continue to ignore the short-term trend. The bottom position for low-absorption is still to see that after the 63,000 points fall, the risk of a large-scale drop is not high, and the cost-effectiveness of bottom-fishing at this bottom position will be very high. The pressure level moves up to the long-short trend point of 66,000 points. Only when the daily line breaks through can there be a possibility of a short-term stop in the decline, otherwise it will be a large shock adjustment in the range.
ETH: Ethereum has returned to the high-quality entry zone below 3200 points. The discussion today is whether to find an opportunity to hold below 3000 points. The current probability is 50-50. The conservative approach is to go for the first position when a small opportunity comes. If there is a big opportunity, don't hesitate. If there is a small black swan in the month, it is also a panic of a small cycle, which will pass in a few days. I am not afraid of it coming, but I am really afraid of it not coming.
Shanzhai: Shanzhai has been brought down by Bitcoin, so pay attention to several high-quality points. Sol pays attention to the opportunities below 150 points, Bome continues around 0.01 points, and Ethereum L2 has everything it should have. In addition, sats is a strong support around 25 points. Currently, sats is competing for the position of ordi dragon one, and the speculation is expected to continue throughout the bull market. JTO has reduced its position in the early stage, so pay attention to the support of 2.7 points and participate in linkage. The day before dawn is the darkest, so move forward steadily and don't be anxious.
The Fear and Greed Index is 52 during the day.
Finally, stay away from leverage and stock up on spot goods! #美联储何时降息？ #美国政府转移BTC #超级央行周 #美国以太坊现货ETF开始交易 $BTC
