News:

1. The US SEC rejected the lawsuit dismissal request of Hex founder Richard Heart, and the case will continue;

2. The probability of the Federal Reserve cutting interest rates by 25 basis points in September is 75%, and the probability of cutting interest rates by 50 basis points is 25%;

3. Fed Collins said on Thursday that she believes the Fed has the ability to reduce inflation without triggering a recession, and hinted that she supports starting to cut interest rates next month;

Technical aspects:

Big cake: Since the end of July, the decline of 70,000 points has been a week, with a drop of more than 20,000 points. The strongest resistance formed during the entire decline is around 62,000 points. After the first rebound, it retraced more than 6,000 points near 62,750. After that, the daily line repeatedly retraced near 62,000 points. At present, it is generally in a large box of more than 4,000 points between 62,000-58,000 points! From the daily level, there is obvious pressure on the current 30-day moving average of 61150. At the same time, be careful of a spike near 62000. The support below is around the 7-day moving average of 60000 points. In terms of operation, you can focus on the bearish position near 62000!