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7.21 Monday BTC Ether early market analysis
According to CME [Federal Reserve Watch]; the probability of the Federal Reserve keeping interest rates unchanged in July is 95.3%, while the cumulative probability of a 25 basis point cut in September is 58%. All the news seems to point towards positive developments. Will cryptocurrencies continue to rise?
From a technical structure perspective, the BTC price shows a gradual downward trend along the lower middle band of the Bollinger Bands but has not broken through the 116200 level, indicating limited downward momentum. It is likely a pullback test. During the day, pay attention to the support levels below at 1157/1152 and resistance levels above at 1192/1202.
Although the secondary wife has seen a short-term pullback, it is considered a corrective test. Currently, the bulls still hold the advantage. During the day, pay attention to the support at 3670/3620 and the resistance at 3840/3940.
Monday morning operation suggestion
BTC: 1162--1167 defense at 800 points
Target 1180/1192/1202
Auntie: 3680-3720 more defense 40 points
Targets 3780/3820/3920
#山寨季何时到来?# #特朗普施压鲍威尔#