Breaking news: Powell gives the green light for a rate cut in September!
Federal Reserve Chairman Powell's speech on Friday completely ignited the market—rate cut expectations have risen significantly!
Historical experience shows that a rate-cutting cycle is often the prelude to the explosion of cryptocurrencies. With both liquidity expectations and market sentiment favorable, mainstream coins like BNB are likely to become the first choice for funds.
Mig believes that institutional layouts may accelerate before September, and BNB is expected to break through key resistance levels!
The technical aspect hides mysteries: Is there a rebound momentum hidden in the death cross?
Although the current 1-hour K-line shows a death cross, it has retraced from the upper Bollinger band to the middle band and gained support for a rebound. This is a typical signal of bullish accumulation!
The key resistance level of 900 is the dividing line between bulls and bears. If it can break through with volume, it is likely to rush to the second resistance level of 910 (or even higher).
Below 884 and 870 is a strong support zone. As long as 870 is not broken, the trend remains biased towards bullish!
Mig's exclusive view: The death cross pullback is instead a low-buying opportunity. The main force may violently push up after washing the盘technicals!
Mig's strategic foreshadowing: How to layout after breaking 900?
If BNB stabilizes at 900, aggressive traders can chase the target of 910, but remember to take profits in batches! If it pulls back to the 884-870 range, it is a good opportunity for medium-term layout.
Risk warning: Beware of false breaks! If 900 is repeatedly attacked without breaking or falls below 870, caution is needed for a pullback below 860. Pay attention to the opening of U.S. stocks tonight and BTC movements, as the interconnected effect may amplify volatility!#杰克逊霍尔会议
Mig has already set up key point tracking strategies (including breakout confirmation signals + stop-loss defense positions). Fans who want to obtain precise entry and exit plans, follow Mig for exclusive analysis!
