News:
1. The probability of the Fed cutting interest rates by 50 basis points in September has increased;
2. The Fed's interest rate swap market has fully priced in three interest rate cuts before the end of the year;
3. According to the on-chain data tracking service WhaleAlert, around 9:32 am on August 2, 10,406 ETH (32,981,508 US dollars) were transferred from an unknown wallet to Coinbase. ;
4. Important data and events this week;
August 2, 20:30 US unemployment rate and non-farm payrolls in July
Technical aspects:
Big cake: A sharp and rapid rebound of more than 3,000 points in the early morning, this vicious rebound mainly exploded short orders. From a technical point of view, this rebound just hit the middle track of the daily Bollinger band at 65850 and the middle track of the 4-hour Bollinger band at 65450 points. The drop of more than 1,000 points in the morning shows that the pressure at this position is obviously effective. From the daily line, the K-line closed with a long lower shadow positive line. If the market turns around, the morning correction will not be more than 1,000 points. At the same time, the 7-day moving average turns downward and extends, and the center of gravity of the K-line does not turn upward. As long as the market does not break through and stabilize at 66,000, the overall operation will continue to maintain a high-altitude view. The focus of the upper side during the day is the pressure of the 65,500-66,000 range, and the support around 63,000 points will continue to be seen below. (Wei Bo: Fei Ge-Dawn)
Er Bing: Yesterday, the long lower shadow negative line was closed, and the morning decline was 1 percentage point. The overall trend of the daily line remained bearish. The 7-day moving average turned downward and broke through the 14-day moving average to form a dead cross downward, and the center of gravity of the K-line continued to move downward. In terms of operation, the high-altitude thinking is maintained. The focus of the upper side during the day is the 3200-3220 range, and the support below continues to be around 3100.
Shanzhai:
MEW: A small rebound in the morning, continued bearish, short-term target 0.005, focus on the pressure around 0.0065 during the day!
People: Short-term lower target focus on 0.055, focus on the pressure of 0.066-0.068 during the day.
The currency market fluctuates greatly, enter the market with caution, personal opinion, no advice, only for sharing
