【Friday night mainstream market analysis】

Today's overall trend during the day was a correction rebound in the Asian session. After breaking through 61, it began to consolidate at a high level. There was a slight retracement in the afternoon, but the strength was not strong. At present, the currency price returned to the 61 mark again. Then the market's attention in the late trading session was focused on the upcoming speech of Federal Reserve Chairman Powell. The financial market was full of expectations and speculation about the remarks of this heavyweight.

From a technical perspective, in the four-hour chart, the position of 61 has an indispensable position in this round of rise. It has been repeatedly suppressed but still maintained its posture. The continuous positive line shows the strength of the market's bullish power. Last night, the big cake rebounded after receiving support at the 60 line. Then, in the afternoon of this trading day, the currency price fell back to the trend line support above 60 and continued to rise. This process fully demonstrates the characteristics of the retracement in the bullish pattern of exchanging time for space.

The decline did not continue its momentum but was quickly recovered by the bulls. This strong correction trend was also further verified on the hourly line. Pay attention to the support below 60 in the late trading session. Around this support, the rebound is still expected to continue. Pay attention to the 62 and 63 positions above the upper pressure. . #杰克逊霍尔年会 #新币挖矿DOGS #MtGox钱包动态 #美联储何时降息？ #新币挖矿TON $BTC $ETH