Click on the link to join the meeting directly: https://meeting.tencent.com/p/7890471408 1、 Bitcoin (BTC) intraday trend 1. Current prices and trends Bitcoin is currently trading around $120400 and had previously broken through the $120000 mark in the morning, but failed to stabilize before falling back to the range of $118600-119700 and fluctuating. Accumulated 3-4% increase within the week, but facing historical high ($123000) suppression in the short term, there are signals of volume contraction and MACD divergence on the technical side, and caution should be exercised against pullback risks. 2. Key support and resistance Resistance level: $122000- $123200 (former high pressure zone), with the potential to challenge $123000- $123500 after breaking through. - Support level: $118000 (strong support), falling below the possible range of 117000-116500. 3. Technical signals and operational recommendations - Four hour chart: shows a "tower shaped top" structure, with a contraction in the Bollinger Bands. If there is no volume rebound, it may form a double top pullback. Operation strategy: - Multiple orders: Enter with light positions in the range of 118000-118600, stop loss 117500, target 120000-121000. - Empty order: Trial position in the range of 122000 – 122500, stop loss of 123000, target of 119000 – 118000. ____________________________________ 2、 Ethereum (ETH) intraday trend 1. Current prices and trends Ethereum is currently trading at $4250-4300, with a weekly increase of over 6%, but it is under pressure within the strong resistance zone of $4300-4350 during the day and has failed to make multiple upward attempts. There is a "volume price divergence" at the four hour level, and the shrinking trading volume suggests insufficient upward momentum. 2. Key support and resistance - Resistance level: $4350-4400 (previous high and upper Bollinger Bands), breakthrough can be seen at $4450-4500. - Support level: $4160-4200 (long short boundary), loss may lead to a retracement to $4100-4000. 3. Technical signals and operational recommendations - Four hour chart: MACD bears increase volume, and if the impact on 4350 fails, it may form a double top structure. - Operation strategy: Multiple orders: Enter the market in batches within the range of 4200-4160, with a stop loss of 4100 and a target of 4320-4350. Short order: Test short in the 4350-4400 range, stop loss 4450, target 4250-4200. ____________________________________ 3、 Market risk warning 1. Impact of macro events - US July CPI data: If inflation exceeds expectations (market forecast annual rate of 3%), it may strengthen the expectation of the Federal Reserve cutting interest rates, benefiting risk assets; On the contrary, it may trigger a callback. Regulatory policy: The executive order for 401 (k) pension funds in the United States to invest in cryptocurrencies is still months away, and short-term benefits have been partially absorbed. 2. Changes in funding ETF fund flow: If the Bitcoin ETF continues to flow in, it will support the price, otherwise it may trigger a profit taking sell-off. Main trend: Ethereum has seen positive capital inflows recently, but signs of high-level shipments are beginning to emerge, avoiding chasing long positions. ____________________________________ 4、 Comprehensive operational strategy Bitcoin: Pay attention to the support of 118000 and resistance of 122000, sell high and buy low within the range, break through and follow suit. Ethereum: Trading in the range of 4200-4350, with a focus on retracement support and long positions, beware of high-level pullbacks. Position management: Total position ≤ 10%, strictly set stop loss (BTC 500 points/ETH 30 points). Today's core logic: The market is in a game stage between policy benefits and technical corrections, avoiding heavy positions chasing high prices and focusing on defensive trading at key positions. If BTC breaks through 123000 or ETH stabilizes at 4400, the trend will continue; If CPI data is negative or ETF funds flow out, be alert to a 5% -8% pullback space. In this rebound led by Bitcoin, we have witnessed the power of technical analysis and the infinite possibilities of the market. Let's remain calm and continue to follow, because the story of Bitcoin continues. Welcome to the live broadcast room for communication, and at the same time, share practical knowledge and secret tactics! What will the market do next? Professor Pang Tong, who has ten years of theoretical and practical trading experience in the cryptocurrency industry, will provide a detailed breakdown for everyone. Welcome to the live broadcast room to check in! Join the Three Kingdoms College Exchange Group to receive 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! Official QQ group: 579358784 Tencent Meeting ID: 789-047-1408 The live broadcast room will be broken down in detail. 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.

Golden Finance reported that former St. Louis Fed President Brad had a conversation with Besant last week regarding the possibility of taking over the position of Fed Chairman. I am willing to act according to the wishes of US Treasury Secretary Besson. If the Federal Reserve's goal is a stable low inflation rate and its independence is respected, willing to accept the position of Federal Reserve Chairman.

According to CME's "Federal Reserve Watch", the probability of the Federal Reserve keeping interest rates unchanged in September is 9.9%, and the probability of cutting interest rates by 25 basis points is 90.1%. The probability of the Federal Reserve keeping interest rates unchanged in October is 3.0%, the probability of a cumulative 25 basis point rate cut is 33.6%, and the probability of a cumulative 50 basis point rate cut is 63.5%.

The company already owned about $5 billion worth of the world's second-largest crypto.

According to market news, the possibility of a rate cut in September has risen to 82.4%.