On July 11, I clearly pointed out in my opinion that BNB can be safely stored at 535. Who listened? (The same applies to the marked part of the picture)

[Market view on the evening of July 11]

Bitcoin is gradually approaching the pressure of 60,000, accumulating strength to start a new round of market. Powell's speech for two consecutive days seemed to be hawkish, but it was actually dovish. Last night, he also mentioned a key point. He suddenly changed his tone and said that when cutting interest rates, it is not necessary to wait for the inflation rate to drop to 2%. Previously, the Federal Reserve emphasized that the inflation rate must reach 2% before considering cutting interest rates. This is a good start. The CPI data will be released later at 20:30. The previous value was 3.30%, and the expected value was 3.10%, which was higher than the negative and equal to or lower than the positive. This will be a key point to see whether it will trigger a greater emotional resonance in the market, thus forming a new trend. It is likely to be positive. There is no need to bet on this data. Wait for it to land before making a decision. Just continue to hold the given currency.

Bitcoin spot ETF received $650 million in inflows in 3 days, showing a net inflow of bottom-fishing, which has completely offset the pressure from Germany. Germany has less than 13,000 coins left, which is a good positive. The cottage industry has also shown a bottom state recently. How to pick up the best is a question that needs to be considered in combination with narrative and liquidity. For example, BNB, a mainstream currency, has a certain position and can be boldly hoarded at $535 now, waiting for the next new listing. It has not been pulled up for a long time.

From a technical point of view, the current market of the big cake is testing the resistance of the 7-day moving average and EMA200. In 4H, the market has stood on the middle track, and the K line has gone out of the W shape. The resistance around the neckline is focused on. The Bollinger band is flat and the moving average runs around the middle track. The MACD fast and slow lines extend upward. Overall, the market has signs of bottoming out, the trend has not changed, and the support below has moved up to a certain extent. The key is to see whether the neckline of the W shape can be broken through. If it can break through, then the head will continue to test the 60,000 mark, otherwise it will be blocked again and retreat to the box shock.

Bitcoin intraday support: 56847 Pressure: 59750
Yita intraday support: 3055 Pressure: 3242

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Thanks for your likes and attention, don't get lost in the bull market in the future!

#美国CPI数据即将公布 5069899841#Bitcointrend