Good evening, everyone!
Woke up in the morning,
Took my daughter to the library,
Feeling happy,
I also grabbed a copy of "The Thirty-Six Stratagems" on a whim,
It's quite good,
The library is a place where people can be quiet,
It's not appropriate to take out your phone and play there,
It's nice to accompany my child to the library to read.
Woke up in the afternoon, took the two kids and my mom and wife out for some exercise,
The two kids rode balance bikes,
I jogged alongside,
Simple life is quite good.
……
After the release of the non-farm payroll data overnight, the market's expectation of a 50 basis point rate cut by the Federal Reserve heated up. The "big three" of the Federal Reserve, Williams and one of the most influential officials, Bullard, successively made "dovish" remarks, both supporting a rate cut at the September FOMC meeting. However, neither side has explicitly indicated the magnitude of the rate cut. There is still controversy over whether there will be a 25 basis point or 50 basis point rate cut in September.
BTC: Looking at the 4-hour chart, the price continues to stay below the middle Bollinger Band, showing a weak trend.
Looking at the daily chart, the price continues to be suppressed by multiple moving averages, showing a weaker trend.
In summary, the support level is 54100, and the resistance level is 54600.
ETH: Looking at the 4-hour chart, the price continues to stay below the middle Bollinger Band, showing a relatively weak trend, with the support level at 2270 and the resistance level at 2300.
LTC: The price continues to stay below the middle Bollinger Band, showing a weak trend, with the support level at 62 and the resistance level at 65.
BCH: The price continues to stay below the middle Bollinger Band, showing a relatively weak trend, with the support level at 290 and the resistance level at 310.
That's all for now, good night!
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