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The non-farm employment number for July in the United States, released last night, increased by 73,000, far below market expectations, while the unemployment rate rose to 4.2%, consistent with the market median estimate.
The July non-farm data in the U.S. was a big surprise, prompting the market to urgently bet on a rate cut in September! The technical aspect of Bitcoin shows a further need for a short-term correction #加密市场回调
The July non-farm data in the U.S. was a big surprise, prompting the market to urgently bet on a rate cut in September! The technical aspect of Bitcoin shows a further need for a short-term correction #加密市场回调
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Attention all friends in the crypto space, after Bitcoin's six consecutive days of gains, there are voices everywhere calling for a bearish outlook! Little do they know, today is the last opportunity to get on board this week, because what you see is just the surface!
Everyone knows that Lao Jiu is a steady and methodical player, as he has been in the speculative finance field for many years, and it has taken countless trials and errors to carve out a path of his own.
Although this path is aggressive, and it's a game played on a pyramid, Lao Jiu is definitely not a reckless person, because I have my own strict trading discipline, which is to minimize risks to the extreme and maximize returns infinitely. When it's time to cut losses for safety, I will not go easy on myself; when it's time to expand the pattern, I must play until the moon is shadowed.
Regarding the current market environment, Lao Jiu believes it is necessary to expand the pattern, as it basically meets my expectations (as evidenced by previous posts)! Since it meets expectations, there's nothing more to say; just pay attention to the following points:
1. After Bitcoin reached a historical high of 123k last Monday and slightly pulled back, it was for technical correction and to digest previous profits! The overall price still remains above 110k, and the bullish pattern remains unchanged!
2. From the information gathered from institutions, they are trying every means to accumulate shares, as year-end rankings are crucial for them! Therefore, the market in the third and fourth quarters will exceed many people's expectations. I won’t hide it; during this time, Lao Jiu's massive accumulation is not unfounded!
3. Currently, the rotation of sectors is fast, but the overall upward trend is stable! At this stage, the advantages outweigh the disadvantages. The pre-selected main themes are still optimistic about AI and NFT.
In summary: Bitcoin is expected to maintain repeated fluctuations around 120k in the short term, and both the weekly and monthly charts need to close positively.
After consolidation, the market sentiment will surge again, and the magnitude and strength of this round of rise will definitely be stronger than any previous one, and the resulting high-quality assets will also be more powerful. So who will emerge in this round? Lao Jiu already has a pre-selection.
Likes, follows, and shares are the greatest support! #比特币减半完成
Everyone knows that Lao Jiu is a steady and methodical player, as he has been in the speculative finance field for many years, and it has taken countless trials and errors to carve out a path of his own.
Although this path is aggressive, and it's a game played on a pyramid, Lao Jiu is definitely not a reckless person, because I have my own strict trading discipline, which is to minimize risks to the extreme and maximize returns infinitely. When it's time to cut losses for safety, I will not go easy on myself; when it's time to expand the pattern, I must play until the moon is shadowed.
Regarding the current market environment, Lao Jiu believes it is necessary to expand the pattern, as it basically meets my expectations (as evidenced by previous posts)! Since it meets expectations, there's nothing more to say; just pay attention to the following points:
1. After Bitcoin reached a historical high of 123k last Monday and slightly pulled back, it was for technical correction and to digest previous profits! The overall price still remains above 110k, and the bullish pattern remains unchanged!
2. From the information gathered from institutions, they are trying every means to accumulate shares, as year-end rankings are crucial for them! Therefore, the market in the third and fourth quarters will exceed many people's expectations. I won’t hide it; during this time, Lao Jiu's massive accumulation is not unfounded!
3. Currently, the rotation of sectors is fast, but the overall upward trend is stable! At this stage, the advantages outweigh the disadvantages. The pre-selected main themes are still optimistic about AI and NFT.
In summary: Bitcoin is expected to maintain repeated fluctuations around 120k in the short term, and both the weekly and monthly charts need to close positively.
After consolidation, the market sentiment will surge again, and the magnitude and strength of this round of rise will definitely be stronger than any previous one, and the resulting high-quality assets will also be more powerful. So who will emerge in this round? Lao Jiu already has a pre-selection.
Likes, follows, and shares are the greatest support! #比特币减半完成
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Good morning, those who like it will become rich! 🍉💵💰 Woke up and the big cake is stable at 120k～#BTC突破12万大关
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