In July, the interest rate remained unchanged, and the hopes for September were extinguished by the old Powell. However, Trump still understands this market and the cryptocurrency economy. Coming out to soothe everyone is what prevents further declines in the market. Before the meeting, Bitcoin was once pushing towards 120,000, but after Powell's speech, it directly fell back to 115,000. This is not something that can be predicted by people; it has nothing to do with technical analysis! Now, it seems that Bitcoin has become a private asset of the Americans. I say something, and it goes up; I say it should go down, and it can’t rise. Isn’t this clearly a private asset?

Ethereum ended July at nearly 4,000. Originally, I predicted this price would be reached in late August, but I didn't expect the market to be this strong. If we are looking at the short to medium term, yesterday's pullback was an opportunity, and tomorrow's non-farm payroll could also present an opportunity. The next rally is very likely to push Ethereum towards 4,800. The fluctuations over the past few days were just to clean out the positions of traders; those who are still holding long positions have not closed them. However, after these fluctuations, most people should no longer be in the market, so the takeoff should happen in early August. Short-term trading must seize the opportunity. The last round went from 2,200 to 3,500. If you missed that, you must seize this opportunity! $ETH