BTC Trend News:
"Gao Shan Shuo Chan" - Today's morning market analysis of Chan Theory 08.03 morning market has been uploaded, move to view & Black clouds do not necessarily mean heavy rain. But whether this black cloud will eventually cause heavy rain, the answer is in the trend type~
Last night's non-agricultural data showed that the employed population was 114,000, lower than expected, and the unemployment rate was 4.3%, higher than expected. The release of the data is good for the expectation of interest rate cuts. The increase in unemployment rate will accelerate the Fed's interest rate cut cycle, because the backyard has caught fire and it will burn to ashes if it is not saved~
Common sense says that accelerating the expectation of interest rate cuts will trigger a rise in the capital market, but as soon as the news came out last night, U.S. stocks collectively slacked off, Intel fell 29% overnight, and the Americans began to perform a series of self-destructive martial arts. Everyone said that this was the consequence of the Fed's repeated delays in interest rate cuts, but what I want to say is that everything has its own rules, and everything can be entangled~
The Nasdaq was under the Chan Theory structure around July 10, which prompted a callback cycle, at least 30 minutes/1 hour downward, looking at the previous straight Playback of the Nasdaq trend judgment, the trend and the structure of the Chaos Theory echo each other (refer to Figure 1)
BTC recently emphasized that after the one-hour upward rebound, it will break a new low again. The view that the rebound was not as expected yesterday has been prompted in the VIP group at the first time. At present, the one-hour trend structure of BTC is synchronized with the Nasdaq. Will there be a magical reaction next? Time will verify (refer to Figure 2)
Supplement: Before the second buying opportunity on the right side appears at the secondary level, it can only be regarded as a rebound rather than a reversal. For specific trends, please refer to the analysis of the four-hour structure in this morning’s video~
