Although Bitcoin has a tendency to draw a door, the current downward space is limited. We need to focus on the ADP data tomorrow night and the subsequent non-agricultural data on Friday. The changes in the expectation of interest rate cuts will dominate the recent market. Although it is difficult to usher in interest rate cuts in August and September, it will lay a solid foundation for the main upward wave in November and December.

At present, most cottages have returned to the previous bottom consolidation area. Even if the market is now in a long-short swing stage, the appropriate intervention at this time is very cost-effective, mainly in waves. With the relative silence of the market, speculators will emerge one after another, and then promote a new round of cottage sector rotation. In addition to the individual coins shared yesterday, the previous strong sectors such as AI concept and chain game sectors can also be focused on.

Bitcoin intraday support 61800, Ethereum 3405.