The evening summary of Maifang on August 31 is here:
①Last week's 65K daily bullish trend did not continue, so September will focus on bottom-fishing. BTC spot 54K, 52-50K can be boldly bottom-fishing, and the cottage will synchronize the time point to cover the position. It is not recommended that the cottage position is too large. The chips that bottom-fish down should consider profiting as long as they rebound to around 60K.
②ETH has severe selling pressure. Every time the US stock market opens, Grayscale sells Ethereum on time. Ethereum may become a drag on the currency circle. In this round of bull market, various projects seem to have nothing to do with the Ethereum chain. This is the main reason for the cold Ethereum gas.
③In terms of contracts, 58000-57500 has been successfully gambled for a short period of about 2000 points many times. The game must first entrust the stop loss, otherwise the number of games is too many, and no stop loss is set, and it may be taken away by a wave. It is not recommended to gamble again these few times. Contract risk control is the first priority, and making money is the second priority.
④ Speculations and discussions on the macro economy. If there is no interest rate cut in September and the payment continues to be delayed, it may be a small negative for the market. We can only expect the interest rate cut after the November election. Then the market may start to hype the expectation of interest rate cut again in October. It is very likely that there will be a good rebound or long-term continuation of the market in October.
⑤ Now the risk control of C2C deposits and withdrawals in the pot is more stringent. Retail investors should try not to use bank cards and do not receive U and funds from small platforms and various gambling platforms, which are easy to be involved in gangs.
⑥ Since the two rounds of bull and bear markets, I believe in Binance and choose Binance. Binance's compliance and regulatory strength have reached the highest level of regulatory strength of the US SEC and other countries. User funds are secure and provide customers with sufficient sense of security. This is also the reason why Binance can become the largest exchange.