The market rebound has not turned into a reversal,we need to pay attention to Mr. Biden's policy news丨Market analysis

BTC market analysis

first level titleBTC market analysisThe follow-up trend of BTC is that everything will return to the new monetary policy variables. while in

In terms of monetary variables, the attitudes of the Fed and Biden will play a decisive role

. We still can only analyze and judge from the clues of news, and constantly strengthen the adjustment and self-consistency of judgment. Let us look at two news first.

The first message "On Wednesday, Biden held a meeting with Republican Senator Shelley Moore Capito, who represented the Republican Party in negotiations with the White House. Biden showed him a revised $2.2 trillion "American jobs plan." Biden proposed Introduced a 15 percent minimum corporate tax rate that targets the dozens of profitable businesses that pay virtually no tax to the federal government for a year. Businesses and wealthy taxpayers, step up relevant enforcement efforts."

The second news "According to the data released by the American Automatic Data Processing Corporation (ADP) on the 3rd, the number of employed people in the US private sector increased by 978,000 from the previous month in May, the largest month-on-month increase since 6 months in 2020.

Data show that due to the gradual relaxation of the new crown epidemic prevention and control measures, social and economic activities have increased, which in turn stimulated market demand and prompted companies to start hiring aggressively. Among the new jobs in the private sector in May, the service sector added 850,000 jobs, while the number of jobs in the goods manufacturing sector also rose by 128,000. Specifically, employment in leisure and hospitality increased by 440,000 from the previous month, employment in education and health increased by 139,000, employment in trade, transportation and utilities increased by 118,000, and employment in manufacturing increased by 52,000.In terms of enterprise size, the employment of small enterprises with less than 50 employees increased by 333,000, the employment of medium-sized enterprises with 50 to 500 employees increased by 338,000, and the employment of large enterprises with more than 500 employees increased by 30.8 Ten thousand. "and our previous analysis article "Market analysis丨Bitcoin futures contract volume fell to a new low, the market has entered a consolidation stage?。

"Similarly, with the control of the epidemic situation in the United States, the recovery of the service industry will divert part of the inflation problem of American goods.

Moderate inflation is good for the economic recovery of the United States, and the improvement in economic data has also allowed Biden to reduce the scale of water releaseAt the same time, according to the Fed's recent official speech tendency, we can see that the Fed has repeatedly reminded and suggested that Biden should adopt a moderate monetary tightening policy, and it is best to start implementing it before the end of the year. This is consistent with our judgment. There is a high probability that in the third quarter, the dollar will gradually move towards a tightening cycle, when the bear market will really start.

It is still not a bear market, but a market with a shock structure. So we can still see BTC fluctuating and rebounding in the short term, but we have been expressing a point of view, don't expect too high a rebound, and it is not recommended to hold it for a long time at this stage. The currency market is not a stock market, and it can operate independently. The cycle and market sentiment are the relationship between prosperity and decline., the interval has been analyzed in the previous article, so I won’t repeat it.

ETH market analysis

The shrinking rebound has entered the upper edge of the center. The market has no persistent large variable factors, and it is difficult to reach the 2900-3000 range. Our strategy is to sell half of the high, and the top of 4H is formed, and sell all.

DOT/KSM market analysis

first level titleDOT/KSM market analysisIt is impossible for the upward FOMO sentiment in the market to digest such a huge hold-up market, so only time can be used to digest the space

, This is the core market judgment factor for our adherence to the operation strategy of selling high and buying low.

first level titleNFT/DeFi/other analysisOther strategies are the same as the big market, but we can slowly