7/02 Market Analysis:
1⃣After breaking through 62500 at the 4-hour level, the daily EMA20 and EMA100 are suppressed at the same time, that is, it is blocked near 63800 and is currently oscillating above. If it falls below 62500, the breakthrough is considered a false breakthrough, similar to the false break below the hourly level chart to 60000, and it is likely to return to the 62500-60500 range oscillation
2⃣Powell's speech tonight is crucial, which is related to whether the big cake will return to the range oscillation or break through 6w4! The two overdue trends are shown in the figure.
🧐If you have multiple orders, if the big cake falls below 62500, you must pay attention to risk avoidance!
