Update 7h, August 11:
1. The market just closed a weekly candle with a strong rejection, if it rebounds this week, it will still be pushed down, a bit regrettable that the 50-week EMA has not been broken down yet. This week, let's push down for the blood.
2. The crypto king just managed to run the target up to 119, hoping this week it will stay around 119-121 for the younger generation.
3. ETH is still very strong in its upward momentum, don't rush to short when it hasn't broken 4k1 yet.
4. Although ETH is rising strongly, altcoins have not increased much. Hoping for strong growth this week. But if Bitcoin pulls the market up, altcoins will suffer.
--- This week has many important news affecting interest rates. But generally, with the rate of interest rate cuts nearing 90% like this, the indicators will just be legitimized.
😍😍😍 Wishing everyone a week full of luck.