News:
1. The US SEC rejected the lawsuit dismissal request of Hex founder Richard Heart, and the case will continue;
2. The probability of the Federal Reserve cutting interest rates by 25 basis points in September is 75%, and the probability of cutting interest rates by 50 basis points is 25%;
3. Fed Collins said on Thursday that she believes the Fed has the ability to reduce inflation without triggering a recession, and hinted that she supports starting to cut interest rates next month;
Technical aspects:
Big cake: Since the end of July, the decline of 70,000 points has been a week, with a drop of more than 20,000 points. The strongest resistance formed during the entire decline is around 62,000 points. After the first rebound, it retraced more than 6,000 points near 62,750. After that, the daily line repeatedly retraced near 62,000 points. At present, it is generally in a large box of more than 4,000 points between 62,000-58,000 points! From the daily level, the current daily 30-day moving average position of 61150 is under obvious pressure. At the same time, be careful of the pin near 62000. The support below is the daily 7-day moving average near 60000 points. In terms of operation, you can focus on the 62000 mark to look bearish!
Second cake: Corresponding to the rebound strength of BTC, the target of ETH this time should be around 3000 points. The second cake protection price after the bull market is around 2800. The locked-in disk near this position is relatively concentrated, resulting in a relatively weak market performance at this stage. It is not recommended to consider the rebound market, and the maximum pin is around 2860! From the four-hour line, the overall large box oscillation in the range of 2750-2550. In terms of operation, you can refer to the bearish above 2700. There is little space above 2700.
Shanzhai: Recently, small-cap Shanzhai has been more active and performed strongly. Some Shanzhai with larger market capitalization are still relatively weak. Those who are still waiting can't help but get on the bus. The previous ones are currently profitable and consider making corresponding reductions.
SATS: The inscription sector is relatively strong. The 33-34 position given yesterday is bearish. The highest daily rise is 338, a drop of 7%. Pay attention to the pressure near 325-332 on the upper side and the support near 305 on the lower side!
SOL: The recent performance is relatively weak, and the rebound strength is small. In the short term, pay attention to the 150 mark on the upper side!
The currency market fluctuates greatly, and you need to be cautious when entering the market. This is my personal opinion, no suggestions, and only for sharing
