August 1st Market Analysis!!!
Morning contract signals! Here it comes:
The U.S. June core PCE inflation unexpectedly warmed up, which is not favorable for interest rate cuts. Trump's adjustment to tariff rates is also the reason for last night's waterfall decline in the market.
However, currently, Ethereum's 4-hour chart shows signs of stabilization with a noticeable increase in volume. The main focus today is still bullish. U.S. stocks can be sold off at suitable positions for short-term trading.
If you're interested in specific take-profit and stop-loss positions, feel free to call me!
