In the live broadcast of the language community, the bottom of the pancake has been successfully built, and the last opportunity to get on the bus has arrived as scheduled! Detailed analysis of the follow-up trend in the live broadcast room!
Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9850662513 Good evening,everyone! I am your Da Bin teacher! The data of large transactions in the past 12 hours shows that the main funds are clearly biased towards selling, with a cumulative net outflow of 12.53 million yuan. In addition, the latest three consecutive large market price sell orders have been intensively traded around 102900 yuan, with a total amount exceeding 3 million yuan, indicating an increase in short-term selling pressure. At the same time, the price fell below the EMA24 and EMA52 moving averages, further confirming the downward trend. The current RSI has fallen below the 50 median line and is trending downwards, accompanied by the K-line showing a peak pattern, indicating a weakening of market sentiment and increased downward pressure. Dual verification of main behavior and technical indicators, BTC may continue its downward trend. Enter the live broadcast room to unlock large transaction indicators and capture major abnormal signals in advance! Today's homework is not very easy to write, mainly due to differences in Powell's speech. It's not just that some of the discussion partners have misunderstandings, but the English section also has different interpretations of this speech. However, no matter what, it is a prediction for the future development of the Federal Reserve. Among them, I agree with a viewpoint of Brother Wu @ qinbafrank, which is to see how the bond market goes. No matter how we understand it, whether we guess Powell's intentions correctly or not, it doesn't matter. What matters is how the market understands it, and there are two opposite interpretations in the market. From the perspective of the bond market, the 2-year US Treasury bond has started to decline, and the magnitude of the decline is quite large, indicating that the market expects the Federal Reserve not to maintain high interest rates for a long time. Moreover, there has been a decline in the probability of not cutting interest rates in July in CME. Both the bond and futures markets believe that Powell is releasing pigeons and that Powell's adjustment is to raise inflation by 2%. The US stock market has shown different expectations, with the Nasdaq and S&P experiencing varying degrees of pullback, especially the S&P turning from rising to falling, and BTC temporarily falling below $103000, while Japanese gold is rising. It has been explained that some investors believe that the Federal Reserve may continue to maintain tightening, so the market's boom has also brought some uncertainty. Looking back at the data of Bitcoin, the turnover rate has not increased, but is still decreasing. This indicates that most investors are still not interested in short-term price changes, even Powell's speech. More investors should focus on longer-term price trends. With the long-term fluctuation at $102000, there has been a situation of accumulation with $102000 as the core, but these investors are still mainly short-term investors and can still form effective support. The most stable support level at present is still between $93000 and $98000. Operation suggestion: BTC102500 long first target to see 103500 second target to see 106000 ETH 2500 long, first target at 2550, second target at 2680 Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 105935015698 Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent AICoin's position or viewpoint and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AICoin, and the consequences shall be borne by oneself.
