Australia's full-time employment population in July

Since the launch of the Base network in February, it has gradually attracted attention, especially with the rapid rise of the BALD Token leading to a significant increase in total assets. Notable projects have emerged in various fields such as Decentralized Finance, NFT, and social applications. Although the market still requires caution, investors should strengthen their due diligence and assess potential risks and returns.

Analysis of the Reasons for the Crypto Assets Market Retracement Last week, the Crypto Assets market experienced a significant pullback. While the market generally attributes this to Federal Reserve Chairman Powell's so-called "hawkish rate cut" remarks, in reality, this may only be a minor factor. The real impact came from Trump's strong pressure, alongside Musk, on Congress regarding the short-term spending bill last Wednesday, as well as the uncertainty triggered by the threat to eliminate the debt ceiling rules, which ignited a risk-averse sentiment among funds. Macroeconomic data does not support market panic. Last Thursday's FOMC interest rate decision met market expectations, concluding with a 25 basis point reduction. The market attributed the decline in risk assets to two factors: first, the dot plot showed a lack of consensus among the committee members; second, the median target interest rate for 2025 was raised. However, a closer analysis of Powell's speech reveals that his concerns about inflation risks seem to stem more from the uncertainties of Trump’s policies rather than changes in certain macro indicators.

Building a sustainable Token ecosystem involves three stages: discovery, design, and deployment, each utilizing specific tools to ensure ecological health. Through data analysis and model simulation, Token usage can be optimized, volatility reduced, and long-term development promoted.

Recently, the price of Ethereum has been continuously rising and has now reached an important resistance level. From a technical perspective, there have been two consecutive long wick candle patterns on the 4-hour chart, indicating that there is significant selling pressure above. In this case, investors wishing to chase the price need to carefully consider the potential risks. For the current market, we need to closely monitor two short-term support levels: 4150 and 4082. The performance of these two price levels will have a significant impact on future trends. It is particularly noteworthy to observe the weekly closing situation. If it can firmly stay above 4082, this could be a positive signal. Based on the current market conditions, investors may consider looking for entry opportunities around 4082. If choosing to build a position, target price levels can be set sequentially at 4220, 4330, and 4500. This strategy takes into account the potential rise space while setting reasonable profit targets. However, it should be emphasized that the cryptocurrency market is highly volatile, and investors should conduct thorough research and risk assessment before making any decisions. By closely monitoring market trends and adjusting strategies in a timely manner, one can seize opportunities in this market full of challenges and possibilities.

The Bitcoin market has recently shown an encouraging trend. From the daily chart, the volume has decreased, but the price is still steadily rising between the middle band and the upper band, forming a strong pump candlestick. Investors should closely follow the resistance level near $120,800, while also paying attention to the support level around $116,800. From the four-hour time frame, the volume continues to increase, and the price has broken through the upper band, showing strong pump momentum. The range from $118,000 to $117,500 may become an important support area. The hourly trend also shows a continuous upward trend, although the volume has decreased. Comprehensive analysis indicates that the overall market trend is positive. Investors may consider buying on dips during pullbacks while remaining cautious and setting appropriate stop-loss positions. In the long term, Bitcoin is expected to challenge the important psychological level of 120,000 dollars. In the short term, if the price falls back to the range of $117,800 to $118,200, it may create a new buying opportunity. Once it breaks through, the next target price level could be between $119,500 and $120,000. However, the market is ever-changing, and investors should closely follow the real-time market trends and make investment decisions based on their personal risk tolerance. The cryptocurrency market is highly volatile, so it is advisable for investors to operate cautiously and manage risks appropriately.