The Federal Reserve's semi-annual monetary policy report shows that financial conditions have tightened further since June and are significantly tighter than a year ago: Continued increases in the federal funds rate target are necessary: ​​Remain firmly committed to returning inflation to 2%; Market liquidity in U.S. Treasuries and other major markets remains below pre-pandemic levels: Returning inflation to 2% may require a period of below-trend growth and a weakening labor market: Expectations show that high inflation is not entrenched: The labor market remains extremely tight, with a severe shortage of labor supply relative to pre-pandemic expectations.

The Fed's semi-annual monetary policy report shows that if necessary, the process of balance sheet reduction will be adjusted. Strong reverse repurchases reflect market interest rates and investor caution: For most of 2021 and 2022, the Fed's policy rate was lower than the level required by monetary policy rules: interest rate hikes have narrowed the gap between monetary policy rules and actual interest rate levels.

Important news at a glance:

1. US lawmakers reintroduce bill to force crypto mining companies to disclose greenhouse gas emissions:

2. The new EU anti-money laundering law stipulates that NET platforms and others are subject to the regulations;

3. The Brazilian Securities and Exchange Commission will publish an action plan for the cryptocurrency industry;

4. Musk: He was interested in cryptocurrency in the past, but now he is interested in artificial intelligence:

5.CZ: Binance still supports the trading plan with Vovager;

6. US SEC official: Binance US is operating an unregistered securities exchange;

7. Foreign media: Tether used forged documents and shell companies to open bank accounts:

8.Coinbase acquires digital asset management company One River Digital Asset Management;

9. Uniswap released a self-custodial wallet, but was rejected by Apple.

BTC：

The U.S. stock market has been rising rapidly in the past two days, but Bitcoin has remained unmoved. In fact, without the influence of the U.S. stock market, it is also good for the cryptocurrency circle to develop its own trend.

Back to Bitcoin, if Bitcoin does not break the structural low support of 21350, the mid-line is always firmly bullish! In the near future, you can refer to the structural low point of Bitcoin to buy some strong coins at a low price, and stop loss when it falls below 21350. Strong coins are those that have fallen less or rebounded violently, and these coins can be paid attention to.

eth:

Ethereum is linked to the broader market and is stronger than the broader market. Once the market improves, Ethereum will definitely be stronger than the broader market. It is recommended to buy low and hold at the low point of 1460, and reduce positions if it falls below.

link：

Link rebounded without volume today, and was suppressed by the moving average on the top. It is expected to adjust for a period of time. For Link, we continue to maintain the idea of ​​buying on dips. Brother Hua is optimistic about its outbreak in the middle and late stages.

ltc：

There is a risk of Wright's position breaking through the daily line here, so it is recommended to reduce positions appropriately during the rebound to control risks. It will be more stable if we add positions when it becomes strong again.

Platform Coin:

Bgb's big negative line yesterday had a relatively large impact on the short-term, directly leading to the destruction of the four-hour rebound trend. There is a high probability that short-term adjustments will be made. If it falls below 0.38, the remaining short-term positions will have to be exited.

Wealth code:

MATIC: The daily line is still in a negative decline, and the good news has not yet landed. Bitcoin is still bullish in the medium term, so continue to buy on dips.

AR: It is estimated that it will be difficult to do anything before the good news comes, so it is recommended to reduce positions during the rebound.

DASH: Yesterday's big black candlestick broke the overall structure. We suggest reducing some positions appropriately to hedge risks. Wait until the adjustment is over. If it strengthens again, we can buy it back.

The above analysis is for reference only and does not constitute investment advice!