Federal Reserve officials lean towards a rate cut in September, cautious buying and shorting! 8.21 Bitcoin Auntie's thoughts
The minutes from the Federal Reserve's policy meeting indicated that only two officials opposed and advocated for a rate cut, but the decision to keep interest rates unchanged last month still received broad support. The meeting records show that "almost all" officials supported this decision, meaning that aside from the two dissenting officials, the remaining 16 participating officials expressed support. However, a few officials hinted that they might join the rate-cutting camp in September. Yesterday's bottom-fishing strategy was validated, as U.S. stocks opened lower but remained bullish, also openly bullish around the lows, resulting in a profitable long position!
From a technical perspective, the two consecutive daily declines were halted, with a large bullish candle closing this morning. The Bollinger Bands are slightly tightening, and the KDJ indicator is clearly turning upwards, indicating that the bearish momentum may be coming to an end. Therefore, the intraday strategy remains to buy on dips! Key resistance levels to watch above are 116000, 117000, 118500, and 119200, while key support levels below are 112500, 111800, 111000, and the 110000 mark.
8.21 Bitcoin long strategy: Aggressive traders should enter long on a pullback at 4200-4230, while conservative traders should enter at 4130-4170, with a stop loss near 4100. The target is set at around 4280-4330-4380, with a breakout target of 4400-4450-4480; continue to move the stop loss to protect profits as conditions change!
8.21 Ethereum long strategy: Aggressive traders should enter long on a pullback at 112800-113200, while conservative traders should enter at 112300-12500, with a stop loss below 112000. The target is set at around 114000-114500-115000, with a breakout target of around 115500-116000; continue to move the stop loss to protect profits as conditions change!
Short strategy: Aggressive traders should enter short near 116000 on a rebound, while conservative traders should enter at 116500-117000, with a stop loss at 117500. The target is around 115000-114500-114000, with a breakout target of around 113500-113000-112500.
Aggressive traders should enter short near 4380 on a rebound, while conservative traders should enter at 4450-4480, with a stop loss near 4540. The target is set at around 4300-4270-4250, with a breakout target of around 4200-4170.
The consecutive outflows over the past two days have also eased somewhat yesterday, with Fidelity seeing a net inflow of $8.6 million, while Bitcoin had a net outflow of $7.5 million. In the past 8 hours, an ancient whale sold about 550 Bitcoins and transferred USDC to two other wallets, collectively buying Ethereum. #杰克逊霍尔会议 #美联储7月会议纪要