Sure enough, it's time to come
The total market capitalization started wave A
Should I say it, you can really use the total market capitalization to position the general trend
It can be said that it is quite accurate
At present, the popular words on the market are $ETH 3000 and $BTC 90000
Looking at the total market capitalization, it's okay, it's not so bad all of a sudden
There is strong support for a little further down
There will be a big rebound in wave B
Wait for the solution
If you have to estimate
$BTC should be between 109000-110000
$ETH should be between 3200-3300
The index of total market capitalization began to weaken, and a correction was brewing
From the perspective of the waves
Since April, there has been a wave of structural bulls
In particular, May-June made a huge 4-wave range
Then out of the July wave
But from a technical point of view
This round of gains is nearing its end
Facing the adjustment of wave A
In addition, there was a very interesting thing yesterday
Trump went to the Fed to find Powell
Hopefully Powell will cut interest rates
hinted that he would not be fired
Interest rate cuts are indeed the biggest thunder of this round
This signal is released
It also gave global arbitrage funds an impulse to flee
The market should react to this expectation
Interest rate cuts are bearish in the short term
In fact, it has been said many times
Because interest rate cuts will narrow the carry spread
The global money that eats the difference in the United States will leave
This is also the reason why interest rates have not been cut all along
On the one hand, it will bear high expenses
On the one hand, it will trigger the withdrawal of a huge amount of funds
Anyway, the term is coming up
Just don't explode this thunder in my hands
The preferred bottom-picking targets must be those that are still very strong right now.
For example, $ZORA, $TON.
These are the teachers shining with green light.
My intuition tells me
A big rebound is coming soon
It was hard to reach the support level
Can it rise properly this time?
Give me a rise!
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