The bull market continues! 20250808

CN
2 hours ago

Good evening, brothers!

【Is the innovative drug sector starting to rebound?】

Today, the innovative drug sector stopped its decline after three consecutive drops, with trading congestion decreasing from a high of 93 to 50+. Market risks have been released to a certain extent, but the pullback is still not enough. If it can pull back for another two to three days and reduce trading congestion to below 30, I believe the innovative drug sector will still have innovative price performance!

……

On Thursday, according to media reports, Federal Reserve Governor Waller is seen by Trump's team as one of the top candidates for Federal Reserve Chairman. Waller has already met with Trump's team, and they were impressed by him.

Media sources cited informed individuals stating that during the search for the next Federal Reserve Chairman by President Trump and his advisory team, current Federal Reserve Governor Christopher Waller is gradually becoming one of the most likely candidates.

VIP group perfectly profited:

BTC: On the 4-hour level, the price continues to stay above the middle band of the Bollinger Bands, and the price trend remains healthy.

On the daily level, the price continues to oscillate near the moving averages.

In summary, support level at 116400, resistance level at 116800.

ETH: On the 4-hour level, the price continues to stay near the upper band of the Bollinger Bands, with a strong price trend. The short-term market is overbought, so be cautious of a price pullback, with support at 3890 and resistance at 3910.

LTC: The price continues to oscillate near the middle band of the Bollinger Bands, with a weak price trend, support at 106 and resistance at 122.

BCH: The price continues to stay above the middle band of the Bollinger Bands, and the price trend remains healthy, with support at 570 and resistance at 590.

That's all for now, good night!

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