SCDOArui_sCommunity

BTC: Last week, the weekly chart of BTC showed a strong Bullish line, with a rise of 12.14%. Overall, last week, the market was mainly influenced by Favourable Information, with the first being Trump's significant lead over the Democratic candidate Biden, and Trump's official nomination as the party's presidential candidate (the market generally believes that Trump is more supportive of BTC). Additionally, the market also anticipates that Trump may announce plans to make BTC a strategic reserve asset for the USA at the conference on July 25-27, 2024 (of course, this expectation is a bit exagge

BTC: Yesterday BTC remained volatile, with a daily chart showing a bearish doji candlestick with long upper and lower shadows. BTC rebounded but was suppressed by the 120-day moving average, leading to a pullback. As long as it holds above 62500, the short term will remain volatile. Please follow the support at 62500 below. As long as it holds above, we continue to expect volatile upward movement, with the unchanged target of 71000.
ETH: ETH fluctuated slightly higher yesterday, with a daily chart showing a small bullish candle with a long Upper Shadow. Its performance was relatively strong co

BTC: After reaching a high and then falling back yesterday, the daily chart shows a small Bearish line with an Upper Shadow. After a continuous rise for five days, BTC finally closed with a small Bearish line yesterday, but this does not affect the short-term upward trend. The pullback yesterday did not even reach the first small support level of 63500, indicating the strength of long positions in the short term. The target near 71000 remains the same, and a conservative target can be adjusted to 70500. For those who haven't entered a position yet, consider getting on board at the current pric

How to seize the best opportunity to speculate on the US election Meme coin?
November 5th: Election Day
The 2024 United States presidential election will be held on November 5 (Tuesday). This election is the 60th presidential election in the history of the United States, and will also include congressional elections, including the re-election of all 435 seats in the House of Representatives and 33 seats in the Senate, to produce the 119th United States Congress.
Voters will elect members of the electoral college on this day, and then the electoral college will vote to confirm the new President

The SCDO AI inference data large model has already been released in the first version [yeah] [yeah] [yeah]. Welcome all family members to test the data large model.

When will the Fed cut interest rates? What impact does it have on the crypto community?
The US CPI data Favourable Information, which is a very good consumer price index, has caused a strange reaction in the market.
The Nasdaq and S&P 500 indices fell.
➫ BTC and Dow Jones remain unchanged compared to yesterday.
➫ Gold increases.
There is a high probability of a September rate cut by the Fed. According to historical experience, a financial recession usually occurs a few months after a rate cut. However, the Fed chairman stated that this time will be different (soft landing) 🤷‍♂
For investment,

What impact does the Fed's speech last night have on the Digital Money market?
Federal Reserve Chairman Powell testified before the Senate Banking Committee on the semi-annual monetary policy. His main points are as follows:
Inflation has clearly slowed, but it remains above the 2% target, with recent inflation data showing "modest" progress towards the 2% target.
Before the Fed's confidence in inflation consistently heading towards 2% strengthens, a rate cut is not appropriate; premature and excessive easing measures may harm inflation progress. The Fed will continue to make decisions gradual

Mt. Gox's latest progress in selling pressure, how many chips are left to be dumped into the market? When will it end? And FTX repayment is also coming?
First of all, the most concerned about the actual progress of the Mt. Toumen's selling pressure, whether he has started to repay, and how many BTC are waiting to be sold.
Mt. Gox's Address has been quiet for a month, and it has also started multiple small amount transfer tests in the past two days to prepare for the transfer of funds to the exchange, indicating that the real repayment is about to come. At noon today, Mt. Gox also transferred 2