SATS daily line is a big negative line, the trading volume is basically the same as the previous two days, the price has stepped back to the daily MA30 line, the neckline is near 2540, the price will not keep rising, there will be declines and shocks in the middle, the expected positives in September are still there, the step back is your chance to get on board, if you have already covered your position in the 2860-3060 area, just hold on, don't cover your position randomly. Wait until the price returns to around 2540 before covering your position. #美国CPI数据连续第4个月回落 #美国7月PPI低于预期 #加密市场反弹 #美联储何时降息？

The market suddenly pulled back in the second half of last night, and the market fell a lot. Judging from the current market trend, the overall trend of the market will continue to go down, and it has not fallen to the right level yet.

The current support is around 56,000, and the upper pressure is around 58,700. The support below ether is around 2,500, and the upper pressure is around 2,620. The support below sol is around 137, and the upper pressure is around 147. Overall, sol is relatively strong. #美国CPI数据连续第4个月回落 #新币挖矿TON #美国7月PPI低于预期 #加密市场反弹 #美联储何时降息？

The news last night was basically in line with expectations. The US stock market rose, but the cryptocurrency market did not follow and even crashed in the middle of the night.

Some people in the community saw the US stock market rise last night and tried to touch the top of the market, but I don’t envy them for making this money, because short selling is not my forte.

Buy strong currencies in the fourth quarter, just like the previously recommended $FTM, which fell sharply last night but still recovered quickly.
👀#美国CPI数据连续第4个月回落 #新币挖矿TON #美国7月PPI低于预期 #加密市场反弹 #美联储何时降息？

[2024.8.15 Ethereum intraday market analysis]
Good afternoon, brothers. Ethereum finally fell after the CPI data came out last night. I said a few days ago that I had sold the spot of Ethereum that I bought at 60,500. It has risen back in the past few days, which almost made me lose confidence, but I still think it will fall. This time I guessed right, and it really fell. Next, just wait. If it continues to fall, you can place orders in batches to build positions. The last large-scale support level has been issued. If you have orders, just continue to place orders!
Everyone hopes for a rate cut, and they all know that after the rate cut, the bull market will come again and the currency price will continue to rise, but before the bull market comes, the dog dealer will definitely clean up the entire market. So brothers, be mentally prepared. Brothers who play contracts should try not to carry orders. Those who are used to carrying orders should keep their positions as small as possible to give themselves room to cover their positions. This way, it is easy to get out of the trap and refuse to be a gambler!

Today's market analysis:
The big cake fell directly to the third support level of 5.84 last night. There is no sign of rebound or sideways trading at the 1-hour level. Pay attention to the 58700 position for today's rebound. Only when it stands above this position at the 1-hour level can it start to rebound upward. Pay attention to the pressure level above the rebound near 59230-59750-60530. Today's rebound will only end when it stands above 59750!
If the rebound today reaches the pressure level and cannot go up or continues to fall without rebound, pay attention to the support level below 57620-56950-56000! #BTC☀

Ether fell directly to the third support level I gave last night, 2645. It is currently trading sideways at the 1/2 hour level. Pay attention to the 2658 position for today's rebound. Only when it stands above this position for 1 hour will it start to rebound upward. Pay attention to the top pressure level of the sideways zone, 2678, above the rebound. After breaking through this position, look at the positions around 2705-2754. Today's rebound will only end when it stands above 2705!
If the rebound today reaches the pressure level and cannot go up or continues to fall without rebounding, pay attention to the bottom support of the sideways zone, 2635, below. If it falls below, the support below is around 2610-2582-2552! #ETH🔥🔥🔥🔥 #美国CPI数据连续第4个月回落 #新币挖矿TON #加密市场反弹

Eth's small-level pullback is a bit weak for the time being. The price has reached the support area of ​​2630-2650. If it does not fall below, you can wait for the stop-loss signal to buy more. If it falls below, you have to go to 2530u. Hold your hands for the time being and wait for opportunities.

At present, the short position has been closed. This time there is no opportunity to cover the position, so I only made more than 3,000 dollars. The contract challenge has tripled after deducting the principal. I have not lost once. Keep up the good work and keep moving forward! #美国CPI数据连续第4个月回落 #新币挖矿TON #美国7月PPI低于预期 #加密市场反弹 #美联储何时降息？

$BTC fell yesterday after receiving good news, mainly because the positive CPI also indirectly proved that the US economy was in recession. Most people were not optimistic about the future market trend, and the downward market crash was also a good performance. Washing more and faster can make the market rise without pressure.

The short-selling chips are all at 59500-60500. I personally think that if these airdrops are strangled again and a long trap is constructed, there will be a big drop of 2000 dollars.

The 62200 short order placed yesterday was only given to the position of 61800. It can be seen that the market is still very weak. The dealer has no intention to play in the retail pvp market #美国CPI数据连续第4个月回落 #新币挖矿TON #美国7月PPI低于预期 #加密市场反弹 #美联储何时降息？

$ETH It fell along with the market, and stopped falling after reaching the support position of 2610. It is currently running at 2650. I just checked that the exchange rate of ethbtc is still strong. You can still open long eth this time.

Intraday short-term personal plan is to open long eth at 2530-2510, stop loss at 2480, and see 2690-2710 above
#美国CPI数据连续第4个月回落 #新币挖矿TON #美国7月PPI低于预期 #加密市场反弹 #美联储何时降息？

[A mysterious selling pressure appeared again. Has the currency been decoupled from the macro again? ] The CPI data is not as dovish as the PPI. Timiraos has leaked that a 50 basis point rate cut would require a significant slowdown in the labor market. Today's background information is obviously not as optimistic as yesterday, but US and Japanese stocks fell slightly and then hit a new intraday high. The bond market yields also fell. The sentiment is good. The currency has fallen all the way. It seems to be somewhat decoupled from the macro. Have new mysterious sellers appeared? #美国CPI数据连续第4个月回落 #新币挖矿TON #美国7月PPI低于预期 #加密市场反弹 #美联储何时降息？

The signal of the Fed's interest rate cut is emerging. On the evening of August 14, Beijing time, the U.S. Bureau of Labor Statistics released the CPI data for July, showing a year-on-year increase of 2.9%, the first return to the "2-digit" since March 2021, slightly lower than expected; the core CPI rose by 3.2% year-on-year, the lowest growth rate since the beginning of 2021, in line with expectations. U.S. President Biden said that although some progress has been made on inflation, prices are still too high and large companies still need to work hard to reduce prices. Wall Street Journal reporter Nick Timiraos pointed out that the July CPI data paved the way for the Fed to cut interest rates at the next meeting. According to CME's "Fed Watch", the market expects a 25 basis point rate cut in September with a probability of 56.5% and a 50 basis point rate cut with a probability of 43.5%. BNB 000789 But Wall Street analysts believe that the Fed may not cut interest rates aggressively by 50 basis points. After the opening of the U.S. stock market, the three major indexes showed different trends. As of 23:00 Beijing time on August 14, the Dow Jones Industrial Average rose 0.15%, the Nasdaq fell 0.2%, and the S&P 500 fell 0.03%.

Yesterday, the US CPI data was positive, and the US stock market reversed and fell again. The main funds of BTC and ETH were out of the market after the positive news. There is really no pattern! The liquidity is extremely poor, and the market is completely controlled by the main force!

1. BTC drew a door after CPI, rising first and then falling. It is currently fluctuating around 58,000. Later, due to the movement of BTC by the US government address, it fell further;

2. ETH followed closely, and the exchange rate pair has begun to pull back. It broke through directly. Whether it rebounds or not depends on the eyes of the main force.

3. SOL finally showed its strength again, and fell back directly with the market; SOL is very difficult this wave! #美国CPI数据连续第4个月回落 #美国7月PPI低于预期 #加密市场反弹 #美联储何时降息？

In terms of altcoins
Most altcoins are following the Bitcoin pullback. In the past two days, the demon coins have disappeared again. When Bitcoin stabilizes, the demon coins will come out again, but they will not last too long. They will fall back to the starting point after a wave of pull. The funds in the market flow quickly between various coins. Hot money moves from one place to another. The main force of some coins is quietly absorbing funds bit by bit.

In recent days, there have been changes in the chain of Inscription. On the one hand, it is driven by sats, and on the other hand, there is no new narrative. Short-term changes can also show that Inscription will still become a hot spot for speculation in the second half of the bull market.

Altcoins still need to make a good mid- and long-term layout of spot. Altcoins with relatively small market capitalization and active trading are good bargaining targets. Avoiding tokens in the Binance observation zone will be relatively safer. HIFI, T, and SAGA can focus on #美国CPI数据连续第4个月回落 #新币挖矿TON #美国7月PPI低于预期 #加密市场反弹 #美联储何时降息？

SATS price has risen to the previous high point area, which is also the pressure point of the weekly MA30 line. If it continues to rise, it will encounter certain resistance. At present, the trend is still relatively strong, without a large correction, but a small high-level shock. As long as Bitcoin does not cause trouble, there will not be too much fluctuation in the trend. 2960-3060 is the neckline support level, you can buy. If it falls below this area, the price will continue to move closer to 2540 #美国CPI数据连续第4个月回落 #新币挖矿TON #美国7月PPI低于预期 #加密市场反弹 #美联储何时降息？

At this stage, it is still recommended that everyone take a closer look at the layout of Grayscale. All old leeks know that the last bull market was after Grayscale entered the market, and the copycat market reached an unprecedented and crazy height. Even Grayscale also experienced huge assets in the end. Retracement.

But looking at the various similar crypto fund products established by Grayscale objectively, there will be a very significant market rising cycle after his layout, such as SUI, MKR, etc. in the past two days. #美国CPI数据连续第4个月回落 #新币挖矿TON #美国7月PPI低于预期 #加密市场反弹 #美联储何时降息？

Bitcoin shorts are crying, hundreds of millions have been exposed, will it rise again?

Yesterday, whether it was the on-chain USDT issuance or the exchange liquidation data, it showed that the price of the currency would go to between 61,000 and 62,000, but after reaching this point, there is much less fuel for short orders to be liquidated, so the market is temporarily frozen.

At present, the big players are temporarily waiting and watching, because the most critical data CPI will be released tonight. Lower than expected is positive, higher than expected is negative.

I think normally, with the current high-pressure interest rate and the increase in the number of unemployed people, the probability of prices continuing to rise is very small, so the probability of CPI meeting expectations or lower than expectations is greater. Then everyone remember to pay attention to the CPI data at 8:30 tonight~ #新币挖矿TON #美国7月PPI低于预期 #美国CPI数据即将公布 #加密市场反弹 #美联储何时降息？

September is coming soon | Will the much-anticipated Q4 start a miracle? ——Observe, buy, and wait!

The Fed said that the interest rate cut is coming soon, and BlackRock's chief investment officer also expects the Fed to cut interest rates at the September meeting. Basically, everyone's expectations for interest rates have begun to be reflected in the market;

Many people know that the only action I have taken in the past few months is to keep buying. The main reason is that I have always been optimistic about the future market and firmly believe that the bull market has not ended——

The market lacks two things: liquidity + hot spots

Essentially, there is only one thing missing, that is, liquidity, because hot spots are something that can be manipulated artificially. Once liquidity rises, hot spots will not be a problem;

I am optimistic about Q4 and 2025, liquidity will be improved, and with the superposition of the general election, Bitcoin will at least break through 100,000 at this stage!

As for altcoins, Arthur Hayes also recently stated in a new article: Altcoins will only return after Bitcoin and Ethereum break through $70,000 and $4,000 respectively.

The end-of-year rise of Bitcoin and Ethereum driven by US dollar liquidity will lay a solid foundation for the sexy altcoin carnival to return.

Therefore, before the next big rise, all my actions are still to observe, buy and wait! #新币挖矿TON #美国7月PPI低于预期 #美国CPI数据即将公布 #加密市场反弹 #美联储何时降息？

Trading strategy overview:
Current price: Ethereum is currently priced at $2,740, which is above the box oscillation.
Expected callback target: The K-line pattern indicates that the price may callback to around $2,700.
Short entry: You can consider shorting at the current price.
Stop loss setting: If the price effectively breaks through $2,760 (the K-line closes above $2,760), stop loss.
Exit plan: Partial exit: When the price callbacks to around $2,700, exit part of the position first.
Remaining position target: The remaining position is held to $2,645.

Subsequent plan if stop loss is triggered: Follow the trend and go long: If the price effectively breaks through $2,760, consider following the trend and go long, with the target being the next pressure level.
Pressure level reference: The next pressure level is $2,810 and $3,050. When the price reaches these positions, you can consider shorting in combination with other technical analysis.

Important event reminder: Pay attention to the release of CPI data at 8:30 tonight, which may cause large fluctuations in the market. #新币挖矿TON #美国7月PPI低于预期 #美国CPI数据即将公布 #加密市场反弹 #美联储何时降息？

$hook I mentioned before that it is in the daily downward trend. Today, I saw that it broke through the downward trend. From the general technical form, this kind of currency that broke through the downward trend after oversold will have at least 30% rebound space, that is, it can reach the price of 0.71. In addition, the overall market is still bullish. I bought some hook spot. The first target is 0.71 and the second target is 0.88. The stop loss is 10%. #新币挖矿TON #美国7月PPI低于预期 #美国CPI数据即将公布 #加密市场反弹 #美联储何时降息？

Compared with the interest rate cut cycle of 2019-2020, Bitcoin will still be turbulent and there may be a wash. There is a possibility of a second retracement. The first interest rate cut began on July 31, 2019. This round of interest rate cuts is also the first and only interest rate cut cycle experienced by Bitcoin and the crypto market. The trend of Bitcoin price, Nasdaq index and gold price is shown in the figure below. Before the last interest rate cut (2020/3/15), Bitcoin had the well-known 312 crash, and the global market was also in mourning. But at this time, the Federal Reserve had already lowered the interest rate to 0.00% -0.25%, so it adopted a super-large-scale quantitative easing policy, and eventually liquidity overflowed to the crypto market, triggering the big bull market in 2021 #新币挖矿TON #美国7月PPI低于预期 #美国CPI数据即将公布 #加密市场反弹 #美联储何时降息？