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Event ends: August 9, 16:00 UTC
More details: https://www
Last night, the number of unemployment benefits claimed in the beautiful country was expected to be 215,000, but the actual number announced was 231,000, greatly exceeding expectations. Previously, Powell stated that the unexpected weakness in the labor market might prompt the Fed to cut interest rates, which is favorable. BTC is rebounding today and there may be a big surprise next week! The expected "significant cooling" of the US CPI.
Global asset management is coming in, cherish this bull market! Currently, there is a brewing upward trend in the market, with gradually shrinking buying and selling volumes, sideways accumulation, a rising wedge pattern on the weekly chart, expectations of a rate cut in September, and a high probability of a subsequent upward trend. For Bitcoin, the leading zone below 60,000 can be accumulated on dips.
Recently, TRB has been continuously rising, and today FRONT has shown an independent market trend. The next hot spot for altcoins selection is SSV, ONDO, BOME. Please layout at a low point!