July 28 Midday Insights!!!
【Market Analysis】
Bitcoin (Big Pie): Expected range 120500-118000, leaning towards a rise followed by a pullback. Still within the daily oscillation range.
Ethereum (Second Pie): Expected range 4000-3850, also leaning towards a rise followed by a pullback, but the trend is strong, with the potential for independent strength and new highs.
【Today's Focus】
No important data today, expected slight rise followed by a pullback, second pie may continue to be strong.
【Important Events This Week】
China-U.S. Economic and Trade Talks (July 27-30, Sweden) —— Neutral to slightly bullish expectations.
Federal Reserve Interest Rate Decision & Powell's Speech (Thursday 02:00/02:30)
Expected no rate cut; if leaning dovish, may boost the market. An unexpected rate cut will lead to a significant rise (low probability).
Bank of Japan Interest Rate Decision (Before Thursday 14:00)
Expected to remain unchanged; an unexpected rate hike could trigger a major drop, caution required.
U.S. Non-Farm Payrolls & Unemployment Rate (Friday 20:30) —— Slightly bullish expectations.
【Outlook for This Week】
Overall leaning bullish, continuing a wide oscillation trend as the main focus.
Bitcoin expected range 115000-122000.
Ethereum expected range 3600-4000, with potential for independent strength.
【Trading Strategy】
Bitcoin: Mainly short at high positions, can catch spikes on sharp declines.
Ethereum: Wait for a pullback to go long, can also catch spikes on sharp declines.
