Hello July. The first half of the year has passed, and a new journey begins in the second half.
BTC, ETH, SOL, BNB, still waiting for a breakthrough.
The situation in the Middle East remains tense: the ongoing impact of the U.S.-Israel airstrikes on Iranian nuclear facilities continues.
Behind the weakness of the dollar is the market's continued pricing of expectations for a Federal Reserve rate cut — despite Atlanta Fed President Bostic reiterating that there will only be one rate cut this year, the probability of a rate cut in September remains high at 75%.
The U.S. non-farm payroll data for June, to be released this Thursday, could influence expectations for a Federal Reserve rate cut. If the data exceeds expectations, a dollar rebound may suppress cryptocurrency prices.
BTC trading suggestion: 105700-106200 support at 800 points, target 108800 looking for a breakthrough above 110000.
ETH trading suggestion: 2410-2418 support at 40 points, target 2488 looking for a breakthrough to 2545$BTC #ETH🔥🔥🔥🔥🔥🔥 .