LIVE林币
@Square-Creator-4dc1570d6e69
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Is this the reason for the plunge?
First: With the intensification of local wars in the Middle East, the US government also informed the staff and families of the US Embassy in Israel to take refuge on their own. Unrest in local areas will cause a rapid decline in financial markets. Second: Powell's speech will reduce the interest rate by 125 basis points to 100 basis points. Although the Fed will continue to cut interest rates to support economic growth, it is not in a hurry to cut interest rates significantly. He emphasized that the economic situation is sound and the Fed's goal is to maintain stability without rushing to cut interest rates further. Third: Affected by the Japanese stock market, the Japanese stock market has plummeted and triggered circuit breakers in recent days. It may be because the previously rumored crisis has not been resolved, or it may be because of the new prime minister's coming to power and raising interest rates. Bitcoin plummeted in early August, and Japanese stocks also plummeted and triggered circuit breakers. Fourth: The number of JOLT job vacancies in the United States increased to 8.04 million, higher than the expected 7.65 million. Fifth: The US ISM manufacturing PMI was 47.2%, the largest drop since May 2023, lower than the expected 47.5%, and shrunk for the sixth consecutive month.
First: With the intensification of local wars in the Middle East, the US government also informed the staff and families of the US Embassy in Israel to take refuge on their own. Unrest in local areas will cause a rapid decline in financial markets. Second: Powell's speech will reduce the interest rate by 125 basis points to 100 basis points. Although the Fed will continue to cut interest rates to support economic growth, it is not in a hurry to cut interest rates significantly. He emphasized that the economic situation is sound and the Fed's goal is to maintain stability without rushing to cut interest rates further. Third: Affected by the Japanese stock market, the Japanese stock market has plummeted and triggered circuit breakers in recent days. It may be because the previously rumored crisis has not been resolved, or it may be because of the new prime minister's coming to power and raising interest rates. Bitcoin plummeted in early August, and Japanese stocks also plummeted and triggered circuit breakers. Fourth: The number of JOLT job vacancies in the United States increased to 8.04 million, higher than the expected 7.65 million. Fifth: The US ISM manufacturing PMI was 47.2%, the largest drop since May 2023, lower than the expected 47.5%, and shrunk for the sixth consecutive month.
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Binance has done a great job! #BNBChainMemeCoin
Binance is the leader in the global cryptocurrency exchange market today, and its dominance is unshakable. Binance announced yesterday that it had received a letter of appreciation from the Organized Crime and Triad Bureau (OCTB) of the Hong Kong Police Force, thanking Binance for its efforts in helping to solve a recent major kidnapping case. In the letter, the Hong Kong police emphasized the need for joint efforts in combating emerging technology crimes and praised Binance for its positive attitude in meeting these challenges. The letter pointed out that Binance used its intelligence analysis to help the police identify the suspect in the major kidnapping case. The police said that combating crimes using emerging technologies requires collective efforts, and Binance's positive stance in meeting these challenges is commendable, saying that the platform's work not only helped this investigation, but also strengthened the trust between law enforcement agencies and the cryptocurrency community. Carlos Mak, a member of the Binance investigation team, said: “We are honored to receive the police’s recognition for its efforts in fighting crime. Binance has always believed that public-private collaboration is the key to maintaining a safe digital financial environment and promoting trust in the industry. We have always believed that public-private collaboration is the key to ensuring a safe crypto-financial environment and an important factor in enhancing trust in the industry. In the future, Binance will continue to make greater achievements in preventing and fighting crime!
Binance is the leader in the global cryptocurrency exchange market today, and its dominance is unshakable. Binance announced yesterday that it had received a letter of appreciation from the Organized Crime and Triad Bureau (OCTB) of the Hong Kong Police Force, thanking Binance for its efforts in helping to solve a recent major kidnapping case. In the letter, the Hong Kong police emphasized the need for joint efforts in combating emerging technology crimes and praised Binance for its positive attitude in meeting these challenges. The letter pointed out that Binance used its intelligence analysis to help the police identify the suspect in the major kidnapping case. The police said that combating crimes using emerging technologies requires collective efforts, and Binance's positive stance in meeting these challenges is commendable, saying that the platform's work not only helped this investigation, but also strengthened the trust between law enforcement agencies and the cryptocurrency community. Carlos Mak, a member of the Binance investigation team, said: “We are honored to receive the police’s recognition for its efforts in fighting crime. Binance has always believed that public-private collaboration is the key to maintaining a safe digital financial environment and promoting trust in the industry. We have always believed that public-private collaboration is the key to ensuring a safe crypto-financial environment and an important factor in enhancing trust in the industry. In the future, Binance will continue to make greater achievements in preventing and fighting crime!
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Alas! Regardless of whether the market is bullish or bearish, you will eventually be the target of being cut! Life is like the ebb and flow of the tide. It is better to see through than to understand, and it is better to do it than to see through. Sometimes you feel that you cannot understand what you have done, and it is just a cycle!
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Bitcoin continued it's move towards $69.2k (2021 ATH) yesterday, but has found some strong resistance above $68k. Caught a nice bounce from the retest in the $67k area which is good 4 hour support for now.
From here I am watching for a 4 hour close above $67.9k to give more confidence of a push to $69k. Any retest lower and we really want to see $66.4k (Monday High) hold.
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