July 31 Precision Market Analysis:
Last night, the U.S. GDP and 'little non-farm' data exceeded expectations, reducing the likelihood of an interest rate cut. During the Federal Reserve meeting, the board members appointed by Trump opposed the rate cut, resulting in the first split decision, causing the market to plummet, with BTC briefly falling to 115,000, but quickly rebounding due to large capital accumulation.
In the larger trend, the U.S. and South Korea have reached a trade agreement, increasing market demand for BTC, and it is expected that BTC may challenge 150,000 in August-September.
Altcoins are experiencing significant volatility, following BTC's rebound but with unstable short-term trends.
It is recommended to operate in waves, with stable funds primarily in BTC and ETH.
Intraday focus: QKC VIC KERNEL GNS CFX FTT
