Last night, US retail sales data showed that US retail sales rose 1.0% last month, while June data was revised down to a 0.2% decline. In addition, a report from the US Department of Labor showed that the number of Americans who applied for new unemployment benefits in the week ending August 10 was 227,000, compared with an expected 235,000. It should be said that the performance of retail sales last night was still relatively optimistic, which shows that people's income is still good. Strong consumer spending has eliminated concerns about economic recession. After the release of US data, the US dollar rose by 0.4%, and the US stock index also rose sharply. The big cake was also affected and rebounded briefly, but it still plunged downward at around 12 o'clock. In the end, the big cake did not rebound strongly with the US stock market because of the good data. The big cake is now not pulled up by good news, but it falls down by bad news. It falls in the Middle East war, Ukraine's counterattack, Japan's interest rate hike, the economy is too good, and the economy is too bad. I think it is more important to return to the trend of the big cake itself. The data in the market is true and false, and it changes too fast. If you want to get trading opportunities from the data, there is basically no chance (no matter what trading products are the same). The important thing is to return to the trend of the original trading products themselves. The market is always born in despair, grows in half-belief and half-doubt, matures in longing, and perishes in hope. -- John Templeton (the father of global investment)
It is recommended to buy at 55,000. Yesterday, Bitcoin ETF inflows were 1.89 million dollars, and Ethereum ETF outflows were 39.2 million dollars. Grayscale was the main outflow, and other institutions were mainly increasing their holdings.
$ETH It is recommended to buy at 2400
