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Friday, August 23
Let's talk about the opening positions for BTC and ETH directly.
After the weak non-farm payroll data was released in July, expectations for a rate cut by the Federal Reserve in September once soared to 100%. However, the PPI inflation data exceeded expectations, Federal Reserve officials sent cautious signals, and the minutes from the Federal Reserve meeting leaned hawkish, all of which suppressed rate cut expectations.
Currently, the probability of the Federal Reserve lowering interest rates by 25 basis points in September is 75%, while the probability of maintaining the interest rate is 25%. At ten o'clock, Powell will speak to see if he can reveal any useful positive information.
BTC
112300-111800 more
Goal ①: 113600
Goal ②: 114800
Target ③: 115800
Defense: 111000.
ETH
4245-4215 more
Goal ①: 4310
Goal ②: 4380
Goal ③: 4450
Defense: 4160 #BTC# #ETH#