7.4 Global Market Heavy Dynamics Overview! These Key Signals Must Not Be Missed!
1. Bitcoin Strongly Breaks 110,000: BTC price has surged to break the 110,000 USD mark, with weak downward pressure. It is currently consolidating at a high level, and subsequent fluctuations may arise, requiring investors to be cautious of spike risks.
2. Ethereum Breaks and Pulls Back: ETH is now showing a pullback after breaking through, with the previously emphasized resistance effect around 2640 USD becoming apparent. The focus will now shift to the support-resistance conversion situation at the 2500 USD mark.
3. New Developments in US Legislation: The US House of Representatives plans to review the CLARITY, anti-CBDC, and GENIUS bills during the week of July 14, and the direction of these bills will have a significant impact on the financial market.
4. Dollar Status Statement: Bensent denies that the decline of the dollar will threaten its status as a major world currency, sparking widespread discussion in the market about the future trend of the dollar.
5. Trump Bill Signing Imminent: Trump will sign the "Beautiful Great Bill" at 5 AM on Saturday. The previous tax cuts and spending bill has passed the House of Representatives, and the implementation of the bill may trigger market fluctuations.
6. US Treasury Secretary's Significant Statement: The US Treasury Secretary revealed that approximately 100 countries are expected to receive at least 10% reciprocal tariffs, and multiple trade agreements will be announced. He also hinted that if the Federal Reserve does not cut interest rates in this meeting, the rate cut in September may be larger, making the direction of economic and monetary policy a market focus.