#美联储何时降息？
The market may still fall back.
Negative factors still exist:
The selling pressure of BTC in Mentougou continues, and the conflict between Iran and Israel continues.
After 7 o'clock in the morning, the wallet address of Mentougou transferred another 0.0199 BTC.
This is a transfer test before large-scale transfer.
There are about 50,000 BTC in Mentougou waiting to be released in batches.
There are two major events this week:
US August PMI at 21:45 on Thursday
Powell's speech at 22:00 on Friday
The general trend is definitely to rise, and there will be shocks and twists in the middle.
It will take at least 1-2 weeks to digest the selling pressure of Mentougou tokens.
Mentougou has been running for 10 years. Once this big thunder is lifted, it will be a big boon to the currency circle.
In addition, the Fed's interest rate cut is coming soon, and the first interest rate cut may be in September.