1. Easing tensions in the Middle East — Positive for Bitcoin's rise
- Israel and Hamas have entered a fragile ceasefire phase, with both sides temporarily halting hostilities.
- The market believes that the Strait of Hormuz (a key global oil transport route) will not be blocked, and oil supply remains unaffected.
- Geopolitical risks are decreasing, investor risk aversion is weakening, and funds are more willing to buy Bitcoin and other risk assets.
2. Federal Reserve Policy — Interest rate cut expectations delayed, but the impact is limited
- Powell (Chairman of the Federal Reserve) stated: No interest rate cut currently, primarily because tariffs have pushed inflation higher.
- No interest rate cut in July is basically off the table; September may become the first window for a rate cut.
- The US economy remains strong, the job market is healthy, and the Federal Reserve is not in a hurry to cut rates to rescue the economy.
Summary of market sentiment:
- As long as the ceasefire in the Middle East holds and oil prices do not surge, the short-term outlook for Bitcoin is optimistic.
- However, geopolitical tensions are like a 'time bomb'; if conflicts resume, the market may suddenly fluctuate, so vigilance is required.
(In summary: **Middle East ceasefire + Federal Reserve not intervening = Small rise for Bitcoin, but don't let your guard down**)
BTC
The daily rebound target given in the daily report has been reached! Watch for distribution opportunities at 106700-108950! Short-term support around 12500!
ETH
The rebound target for Ether is also about to be reached! Watch for distribution opportunities at 2540-2570! Short-term support around 2313!
SOL
For positions bought near 130, consider reducing at 150-158! Also, pay attention to distribution opportunities here! Short-term support at 137-133!
The information and data contained herein are sourced from publicly available materials, striving for accuracy and reliability, but no guarantees are made regarding the accuracy and completeness of the information. The content does not constitute any investment advice, and any investment made based on it is at your own risk!