In the past 12 hours, large transactions have shown that the main funds have intensified their long short game, with the total buying and selling amount exceeding 20 million US dollars, and the power is basically balanced. However, it is worth noting that the latest two large market buy orders have accumulated over 4.8 million US dollars, indicating a clear intention and potentially laying the groundwork for a short-term rebound. At the same time, prices are still suppressed by the EMA24/52 moving average, and the medium to long term trend is weak, but the cross star pattern suggests that a change in direction is imminent. The double bottom pattern of RSI and the strengthening of MACD momentum indicate an increased probability of rebound, and caution should be exercised against the main force's upward trend. Open membership, track large transaction trends in real-time, and lock in major abnormal signals in advance! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.
[Next Week's Macro Outlook: Fed Policy Moves and Labor Market Data in Focus] The cryptocurrency market experienced significant sell-offs this week, with Bitcoin facing double-top risks and Ethereum pulling back after hitting a new high last Saturday. Although Ethereum's outlook is slightly better than Bitcoin's, its trend remains influenced by Bitcoin. Next week, the market will focus on Federal Reserve officials' speeches and key economic data: - Wednesday 21:00, St. Louis Fed President Bullard discusses the economy and monetary policy; - Wednesday 22:00, U.S. July job openings and factory orders data; - Thursday 02:00, Federal Reserve releases the Beige Book on economic conditions; - Friday 20:30, U.S. August non-farm payroll report, unemployment rate, and wage data. A weakening labor market could strengthen expectations for a rate cut in September and increase the likelihood of a third 25-basis-point rate cut this year. Powell previously emphasized that inflation risks are tilted to the upside, while employment risks are tilted to the downside.
[Incoming ECB Governing Council Member Kocher: Current monetary policy is more data-dependent, so maintaining stability and reliability is crucial] Golden Finance reports, Incoming ECB Governing Council Member Kocher: Current monetary policy is more data-dependent, so maintaining stability and reliability is crucial. Austria will continue to adopt a prudent stance and ensure that price stability remains the core objective of all decisions made by the Austrian Central Bank. (Jin10)
OKX - CFX is currently priced at $0.1986, with a 24-hour increase of 10.09%. 24-hour transaction volume of 300 million US dollars, a decrease of 21.64%, for reference only
[U.S. Stocks Post Overall Gains in August, Concerns Over Fed Independence Yet to Emerge] U.S. stocks performed strongly overall in August. Although artificial intelligence-related stocks faced sell-offs ahead of the long weekend at the end of the month, this did not prevent the major indexes from posting monthly gains. The S&P 500 Index rose 1.9% this month, the Nasdaq Index gained 1.6%, and the Dow Jones Index recorded an impressive 3.2% increase. Weak economic data and the mild impact of tariffs on prices have bolstered market expectations that the Federal Reserve will cut interest rates at next month’s meeting. Meanwhile, Trump’s continued pressure on the Federal Reserve to pursue low-interest-rate policies has heightened market anticipation for further rate cuts. However, economists have warned that if the Federal Reserve is overly influenced by the White House, it could lead to excessive rate cuts and ultimately drive up inflation. Nevertheless, the stock market appears to view this potential risk as a concern for the future, with no significant impact on current market sentiment.
The US stock market opened lower, with the Dow Jones Industrial Average falling 120 points, the Nasdaq falling 101 points, and the S&P 500 index falling 0.31%.