Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/5658778060 Daily level; 1. Within the trend of the moving average, with the successful bottoming out and the repeated market movements in recent days, the convergence triangle is officially established, and both the top and bottom are established. The next rebound should break through BBI; If the breakthrough is completed and the MA30 is attacked, there is a possibility of completely breaking through the convergence pattern. Otherwise, it will continue to conduct a second round of exploration and the market will inevitably decline and eventually collapse; Within Boll's trend, the bearish trend has been very evident in recent days, and the price has also started a rebound after hitting the bottom. Although the price has now hit near BBI, the bearish trend has not yet ended, indicating that the pullback has not ended and the price has not returned to a wide range of fluctuations; 3. Within the trend of quantity and energy, VR has now provided a standard state of synchronous suction of quantity and price. Therefore, it holds a negative attitude towards the formation of another downward trend in the short term; At present, OBV has not seen a rebound in volume and energy, so it can only be considered as a form of reverse drawing. The specific chip rebound can only be achieved by standing on BBI and exploring MA30; So the breakthrough form of the convergence interval must first stand on BBI; 4. In the trend of potential energy, RSI and MFI have ended their downward trend with the rebound of the coin price. The bearish arrangement has not yet formed, so the coin price is still in a volatile range. After CCI broke the zero axis and took a rebound, it tells us that MA120 has strong support; From this perspective, the entire convergence form must reach the tip position before it can change direction; 5. In a balanced trend, the middle price of the coin has made a bottoming move towards the lower edge of the bullish cloud, indicating that the bottom support is in place. Therefore, if you want to break below it, you must do so at the oblique edge after September 7th. Therefore, the convergence pattern must reach the top position before you can choose the direction; But there is a miracle, that is, the cloud at the end has not yet expanded, and if the price of the delayed band is postponed, there is a possibility of V return. Achieving this miracle may be seen tomorrow; Overall, the convergence pattern of the daily market is necessary, and we need to observe whether BBI can recover within this convergence range. The expected turning point is next week; As for the direction, it depends on the location of the top probe; QQ group number: 1011485129 QQ group link: https://qm.qq.com/q/IZ9ikHfhya Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin 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.

[U.S. July Core PCE Data and Consumer Confidence Index to Be Released Tonight] The U.S. July Core PCE Price Index year-on-year data will be released tonight at 20:30 Beijing time, and the final value of the August University of Michigan Consumer Confidence Index will be announced at 22:00. The PCE is expected to rise 0.3% month-on-month, with the year-on-year growth rate possibly climbing to 2.9%, the highest since February this year, marking three consecutive months of increases.

OKX-BTC/USDT is currently trading at $109908.50, with a 5-minute decline of 0.11%. Please be aware of market fluctuations.

[Analyst Says LINEA Token Airdrop May Open on September 10] On-chain analyst Zack stated that by analyzing the suspected subdomain code of Linea Hub, the LINEA token airdrop may be available for claiming on September 10. Currently, 90% of the circulating token supply is on the Linea network, but the related tokens and website have not yet been officially confirmed. Users should proceed with caution.

[Plaza to Begin Gradual Shutdown Today] According to Foresight News, the programmable derivatives platform Plaza will begin its gradual shutdown today. The team stated, 'Unfortunately, we were unable to garner sufficient interest from individual and institutional investors in bondETH and levETH, as well as our upcoming products bondBTC and levBTC. We sincerely thank the community, partners, and investors for their strong support. The team will ensure that bondETH and levETH holders can redeem smoothly and safely, and will transition to full-time operation of optfun.'