🇺🇸 Pre-Fed rate decision preview, focus of evening operations ⏰

Tonight at 20:15 ADP Employment, Interest Rate Resolution at 2:00 in the early morning, Powell's speech at 2:30 in the early morning
Another highly anticipated speech by Powell is coming. Investing solely based on technical analysis is not comprehensive. It must be analyzed from multiple dimensions, combining fundamental macroeconomics to be more convincing. Everyone knows that the focus of this bull market is the expectation of interest rate cuts. The conditions for the Federal Reserve to cut interest rates depend on inflation and employment data. From the past few months, the US economy has been sluggish and inflation has slowed down. Since February, I have emphasized that I firmly believe that September will be the window for interest rate cuts. Currently, US debt has exceeded 35 trillion, and the annual payment of interest alone is as high as 1 trillion. Based on the current state of the US economy, it is obviously unable to support a high interest rate. Interest rate cuts are a certainty, it's just a matter of when. From the recent speeches by Powell, we can feel the multidimensional pressures that have forced the Federal Reserve to no longer be stubborn. And the latest CME data shows that the probability of interest rate cuts in September has risen to 100%. Once the US engages in point shaving, we will find that both the encryption market and the global economy will effectively recover. The interest rate decision at 2:00 tonight will maintain the interest rate unchanged. At that time, it will definitely be unfavorable information for those who bet on interest rate cuts in July. The market may cause a long wick candle situation in the short term, but don't panic. I believe that Powell's speech at 2:30 will declare an improvement in recent inflation and a more balanced risk balance, and will hint at the first interest rate cut in September. At that time, the market may rebound again. Generally speaking, interest rate cuts are a long-term favorable information for the encryption market. The overall trend has been determined, and the current pullback is just a temporary consolidation. Cherish every dip and the future is promising.
[Love] BTC rebounded as expected after a retracement to the yellow trend line in the morning. Those who are engaged in short-term swing trading can use the yellow line as a defensive position. Pay attention to the breakthrough of 67500-68000 in the evening. For those who cannot stay up late to watch the live broadcast tonight due to the large amount of data this week, it is recommended to set a good position in advance for the Spot that you want to increase the position, so as not to miss the opportunity to increase the position. The overall operational strategy remains unchanged, with the main focus on increasing the position on dips!
(2:30 will also be live, broadcasting Powell's speech for subscription only)