9.2 Around the 77,400 big pancake (Dabing), Qingcangwei; defending 78,800; targets 75,000/74,000
Big pancake 1H sees a sharp drop, then retraces and tests the 76,000 level. Current price is 76,737.
The short moving averages have turned down, but below there is a long lower shadow indicating support in the 76,100–76,400 range. You can wait for a pullback and rebound.
On the news front, the cross-strait conflict has escalated across the board. Oil prices have surged above $94. Inflation expectations have rebounded, forcing U.S. Treasury yields higher; risk assets are therefore under pressure.
The hawkish remarks by Wosh in Jackson Hole also suggest that if inflation does not improve, action will be taken, and expectations for a September rate hike have warmed.
Although August ETFs attracted $3.5 billion in net inflows in a single month, the highest in over a year, providing strong support near 76,000, the $80,000 level has become the current focus for both bulls and bears.
What Ye Ge needs to do isn’t to catch a big move every day; it’s to take it when the time is right—without losing a single cent. $BTC
#伊朗革命卫队称打击约旦美军陆战队营地
Big pancake 1H sees a sharp drop, then retraces and tests the 76,000 level. Current price is 76,737.
The short moving averages have turned down, but below there is a long lower shadow indicating support in the 76,100–76,400 range. You can wait for a pullback and rebound.
On the news front, the cross-strait conflict has escalated across the board. Oil prices have surged above $94. Inflation expectations have rebounded, forcing U.S. Treasury yields higher; risk assets are therefore under pressure.
The hawkish remarks by Wosh in Jackson Hole also suggest that if inflation does not improve, action will be taken, and expectations for a September rate hike have warmed.
Although August ETFs attracted $3.5 billion in net inflows in a single month, the highest in over a year, providing strong support near 76,000, the $80,000 level has become the current focus for both bulls and bears.
What Ye Ge needs to do isn’t to catch a big move every day; it’s to take it when the time is right—without losing a single cent. $BTC
#伊朗革命卫队称打击约旦美军陆战队营地
