Macroeconomic Analysis



This Thursday's PCE inflation data is the key decision point. Currently, the market has mostly priced in the negative factors, and there is insufficient momentum for further decline. Overall, the trend is mainly sideways with a tendency to rise, so a strategy leaning towards buying on dips is recommended. The probability of a deep crash before the end of July is low, and the long-term trend for cryptocurrencies remains firmly optimistic.
BTC support range is 50,000-55,000; ETH support is 1,250. Spot positions can be gradually accumulated at current levels. For this rebound, BTC resistance levels are 68,800 and 70,000; ETH resistance levels are 1,880 and 1,940. Long-term short positions can patiently wait for a top signal.
BTC-3.74%
ETH-5.95%
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· 9h ago
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