2024.7.31 Market Analysis

News: Goldman Sachs analysts said: FOMC may revise its statement, and it is expected that the first interest rate cut will be made in September and then quarterly. The address of Mentougou has changed, and the negative news has not yet been exhausted. More than 41.5% of Mt. Gox Bitcoin has been distributed, but creditors continue to hold it instead of selling it. Yesterday morning, there was a "fake news" that the SEC announced that it would not pursue#Solanaas a security, and it quickly crashed after rising. Bitcoin continues to fluctuate. Grayscale's large daily transfers are expected to be completed in 3 weeks. When they are completed, the market will take off. Optimistic about the end of August to the beginning of September!

Technical aspect: Bitcoin hit the top of 70,000 strong pressure, but it fell quickly. Tomorrow is August. The monthly level is likely to close with a positive cross star tomorrow morning. It has been fluctuating sideways for nearly 5 months. So what do you think will happen in August? After the weekly level rebounded for 3 consecutive weeks, the correction market started. The first support is around 63800. If it breaks, the second support is around 60500. You can make a fixed investment at this position. The daily level has risen without volume in the past few days. There is a high probability that the ant channel will be closed next, and it will continue to twist back and forth. However, as long as it does not effectively fall below the 200-day moving average of 58500, there will be no big problem. The ant channel at the 4-hour level is also about to be closed, and the short-term will continue to fall. Everyone should control their positions. #美国政府转移BTC #MtGox钱包动态