Thursday morning is the Federal Reserve meeting, deciding whether to cut interest rates in September.
On Friday, Powell will give a speech,
and in the face of stubborn inflation, the speech may be bearish regarding not cutting rates.
We must be cautious of the final blow:
Currently, the U.S. stock market has not dropped significantly, and we need to prepare for a possible big drop after Powell's speech,
if the U.S. stock market drops significantly, BTC may see a decline of 3-5%.
If there is one last drop, approaching $110000 would be a good buying opportunity.
Due to the large increase in ETH, the 60-day moving average for ETH is at $3400,
so prioritize buying BTC,
if ETH falls below $3900, then assess the situation to determine if it's a good time to buy.
It's better to enjoy together than alone; you reach out, and I can pull you ashore!!
SUI TURMP BONK PEPE OM SOL PNUT
