Today's #BTC trend and market analysis!
Bitcoin is waiting for a new high, and the long and short will decide tonight. Before Powell's speech,
The market is expected to be in the range of 59500-61500,
Ether in the range of 2570-2680,
Sol fluctuates in the range of 140-146.
Financial sector and dog dealers are waiting for Powell's speech,
Binance contract launches new targets to attract attention.
Bitcoin fluctuates around 60000, and the market is generally rising.
From the time point of view, Bitcoin has been adjusted for more than 5 months since March 14,
Bear market generally falls for a year, and now it may be in a bull market. The adjustment on August 5 may have bottomed out. Although there are differences between long and short, funds are flowing in and US stocks are rising. The balance will be broken, and bulls may dominate.
The Fed's interest rate cut is clear, the market is speculating on expectations, and uncertainty increases after the big positive is implemented.
Current market judgment: First, Binance drives some copycat carnivals, from contract gameplay to general rise of Binance tokens;
Second, it enhances market liquidity and makes money by being a banker. The copycat season may start from September to October after the interest rate cut.
Powell's speech tonight has a great impact. If the words are vague or hawkish, it will hit the confidence of buyers. The result is either a September interest rate cut to turn bullish, or no interest rate cut to usher in a hell market.
There may be a large amplitude around 10 o'clock tonight. Make a stop loss and wait patiently for the meeting. Analyze the subsequent trend of the big cake. Introduction to the gameplay of the currency circle contract. What impact does Powell's speech have on the currency circle?
At present, the bull market is surging, and we have the opportunity to share passwords every day.
Again, if you don't know what to do in the bull market, click on my avatar, follow, bull market spot planning, contract passwords, free sharing.
I need fans, you need references. It’s better to pay attention than to guess.
