Ethereum wealth code, 90% accuracy.

After the United States announced the August retail monthly rate tonight, the US dollar index rose rapidly, and mainstream currencies such as Bitcoin soared. Did it confirm the next upward trend? Where will there be opportunities for short-term trading?

First, let's talk about the next trend in the long term.

Under normal circumstances, mainstream currencies will most likely fluctuate upward in the next few days, and there will be no sharp decline. However, we must be wary of the decision of the Federal Reserve meeting on interest rate cuts tomorrow. If we can survive this news, we can expect to see Bitcoin at 64,000, or even 70,000.

It is worth noting that Bitcoin has taken the lead in rising to the resistance level of the small time period. If you go long, give priority to Ethereum or SOL, these two mainstream currencies have greater room for growth.

Secondly, continue to give short-term trading positions directly as usual.

2395~2430 short, stop loss 2480.

2280~2310 long, stop loss 2245.

If the Ethereum price reaches the above position before tomorrow afternoon, you can enter the market for trading. After opening a position, you can reduce your position as needed before the news tomorrow night affects your position, so as to avoid turning profitable positions into losses.

I wish you all a smooth transaction.