Wednesday, good morning on a new day!

In the early morning, the big cake rebounded again to test the pressure, but it still lacked momentum and failed to continue the breakthrough. The 64800 line is still full of resistance. Although the price of the currency has tried to go up, it has not changed much after running for several consecutive trading days. The price of the currency is still in a high consolidation rhythm. Although the general trend is still bullish, the short-term shock pattern is obvious.

At present, the bulls have been repeatedly blocked when challenging the 65000 integer mark, indicating that the pressure from above is still huge, and there is still an expectation of a correction in the short term.

There will be two heavy data releases this week, and big funds may not act until next week. The final value of the second quarter GDP data will be released by the United States at 8:30 pm on Thursday, and the PCE data for August will be released by the United States at 8:30 pm on Friday. This is one of the preferred inflation indicators of the Federal Reserve. If the data on Thursday and Friday are positive, the price of the currency may end the shock pattern and continue to break upward.

On Wednesday morning, the big cake reference 65000 pressure level near the short short once, step back to 63500-63800 area and then look at 57000 around #本周美国将公布PCE、GDP数据 #新币挖矿已上线HMSTR #AI概念币普涨 #加密市场反弹 #美联储宣布降息50个基点