Good evening, brothers!
Nowadays, in summer, we all try to avoid the sun, fearing the heat and craving air conditioning. With everything in the world at our fingertips, loneliness doesn't matter anymore…
I often think back to the vast world of my childhood. The kids today can't resonate with those memories anymore. When old friends chat, there's a lot of nostalgia. Those genuine joys occasionally knock on my heart, coming from the freedom of the wilderness, from barefoot walks on scorching ridges, from the sound of cicadas crashing into chilled soda bottles, from sweat trickling down a sunburned back like a winding river, and from the coolness of well water wrapped in the night like water…
These past few days, my grandfather came to visit. Today, I took him to a nearby mountain village. There was a bit of drizzling rain, but we took some photos, and it was quite nice.
…
Chinese assets have reacted fully to previous positive information, and recently there hasn't been more good news to materialize. Coupled with the resurgence of global tariff disputes, the overall performance of Chinese stocks and bonds has been flat. AH shares have seen reduced volume and are oscillating downward, with sentiment in the Chinese bond market being weak.
The most attention-grabbing event in the global market recently has been the significant drop in U.S. and Japanese bonds.
The sharp decline in Japanese and U.S. bonds reflects not just weak auction sentiment on a micro level. U.S. and Japanese bonds are two classic risk-free assets and serve as pricing anchors for other liquid assets. Currently, the world is experiencing three major macro trend shifts: a reversal of fiscal paradigms among major powers post-pandemic, a tariff war reshaping global supply chains, and the evolution of the global technology cycle. High volatility in financial markets may become the norm by 2025.
BTC: On the 4-hour chart, the price has broken below the middle band of the Bollinger Bands, and the price trend remains weak.
On the daily chart, the price continues to hover near the moving averages, and the price trend is average.
In summary, the support level is 107,000, and the resistance level is 107,400.
ETH: On the 4-hour chart, the price continues to stay near the lower band of the Bollinger Bands, and the price trend is average. The short-term market is oversold and has a demand for a rebound, with a support level of 2,480 and a resistance level of 2,520.
LTC: The price continues to stay near the lower band of the Bollinger Bands, the short-term market is oversold and has a demand for a rebound, with a support level of 93 and a resistance level of 96.
BCH: The price continues to stay near the lower band of the Bollinger Bands, and the price trend is weak, with a support level of 400 and a resistance level of 430.
That's all for now, good night!
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