Today is the weekend, and liquidity is indeed a bit poor.
1. #BTC , expected range 117500-119000, expected oscillating trend;
2. #eth , expected range 3540-3620, expected oscillating trend biased towards bullish;
3. No important data released today, Saturday.
【Market Analysis】
1. Bitcoin and Ethereum both oscillated down yesterday; the strong rise of Ethereum is expected to pause temporarily over the weekend. With no important data next week, it is expected that Saturday and Sunday will see sideways oscillation.
Ethereum's weekly increase has lagged behind Bitcoin, and now some companies are starting to adopt a strategy of accumulating Ethereum, forming buying power. Moreover, the day before yesterday, Teda Company issued an additional 3 billion in the Ethereum chain, bringing in substantial funds again. Thus, Ethereum is currently experiencing a compensatory rise, showing independent strength.
2. This week, several positive events occurred in the B circle:
① The U.S. House of Representatives passed three bills on cryptocurrency, marking another significant regulatory advancement.
② This week's CPI, PPI, and other inflation assessment data did not exceed expectations. It can be concluded that the previous tariff war will not lead to subsequent inflation rises, removing a major obstacle to interest rate cuts.
③ Trump indicated that he might impose a 10%-15% tariff rate on smaller countries, cooling down the tariff war again;
④ Trump has repeatedly pressured the Federal Reserve to cut interest rates and has been forcing Powell to resign by highlighting the cost overruns in the Fed building renovation. All these factors are heating up market expectations for interest rate cuts.
3. Today's expected trend is mainly oscillating, with Ethereum stronger than Bitcoin.
【Strategy】
High short, low long. Remember the old rule: there is no direction that lasts forever; making money is what matters, regardless of being bullish or bearish. 😁