Huangmao Reform Employment Statistics, CPI Causes US Stocks and Cryptocurrency Prices to Rise Together! 8.13 Bitcoin Aunt's Thoughts

According to informed sources, in recent days, White House staff and Labor Department officials have held a series of closed-door meetings to discuss proposals for improving data collection efficiency using new technologies. The market believes that if there are changes in the statistical methods of the non-farm employment report released on the first Friday of each month, it may raise suspicions that Trump is manipulating data for political purposes. This president, who often questions data that does not align with his worldview, has recently continued to strengthen control over traditionally independent operating institutions and purge career bureaucrats deemed disloyal.

From a technical perspective, the daily chart shows a divergence with a closing bullish candle. Although the LDJ three-line indicator is in the overbought zone and has turned, it has not dropped, and Ethereum also closed with a bullish candle and broke through the upper channel again. The Bollinger Bands are widely opened, and the auxiliary indicators also lean towards bullishness, so the intraday strategy remains to buy on dips! Key resistance levels to watch are 120800, 121700, 122300, and 1233300, while support levels to watch are 118000, 117300, 116300, and 115500. For Ethereum, strong resistance is noted around 4780 and 4870.

8.13 Bitcoin Trading Strategy: Aggressive traders may continue to short on a rebound to 120000-120500, while conservative traders can enter on a rebound at 121000-121500, with a stop loss around 122500, targeting 119000-118000-117300.

8.13 Ethereum Trading Strategy: Aggressive traders may short at the current price of 4620-4650, with a stop loss around 4680, targeting 4570-4550-4500. If it breaks below, target 4450-4400, and continue to adjust the stop-loss based on the situation!

Long Position Strategy: For Bitcoin, buy on the first dip at 117300-117800, with a stop loss around 116500, targeting 118500-119000-119500-120000. Adjust the stop-loss based on the situation if it breaks below!

For Ethereum, buy on the intraday dip at 4370-4400, with a stop loss around 4350, targeting 4450-4480-4500. Adjust the stop-loss based on the situation if it breaks below!

The US July CPI report shows mixed results; the overall year-on-year CPI growth rate is lower than expected, with prices growing at the fastest annual rate in five months, and companies are passing on tariff-related costs to consumers. Analysts generally believe that this increase may not be enough to prevent the Federal Reserve from cutting interest rates at the next meeting in September. Trump again argues that tariffs have not caused inflation, and consumers have not even paid these tariffs. If not, then why has he been pressuring the Federal Reserve to cut rates? This is a thought-provoking question!