BTC Market Weekly Report -7.28 🔥 Weekly chart 1) BTC injected downwards last week to gain liquidity and then rose upwards. Currently, the weekly closing is above 1192 (the previous two weeks' physical), which is actually quite good and a biased upward expectation. 2) The expectation above is to see a new high. Then the new high still needs to break through 121. Can we stand firm at 1195 after a retracement I've been talking for a week now. 3) This week's macro focus is: At 2:00 on Thursday, the Federal Reserve FOMC announced its interest rate decision. Friday 20:30 US July unemployment rate and non farm payroll data 4) Personal opinion: It is highly likely that there will not be a rate cut this time, or it depends on whether there will be a relaxation of the September rate cut. If there is data on loose lips and unemployment rate, it may lead to a wave of expected increases. That is to say, reaching a new high, but I believe that this expected increase cannot be sustained for a long time. Attention should be paid to the pullback after the rise. So if there is a big callback, I may pay attention to 9 and 10. Daily chart 1) The daily chart clearly showed a downward trend, but after plundering for liquidity, it went up again to test the bearish trend. 2) Last Friday, I was reminded to come back after plundering and stand firm at 1156 buy, with a target of 1195 The short-term goals are currently in place. Now let's see if we can break through 121 and then step back firmly to continue moving upwards. 3) If you can't break through, continue to oscillate and look again at the 1156 range-L test. If it breaks through, pay attention to the range-H test and see if it reaches a new high. Currently, personally, I am inclined towards an upward trend. Hour chart 1) You can see that after the liquidity plundering below, the idm and range - h above are waiting for liquidity plundering. So currently, it is still relatively bullish. 2) Here, pay attention to the buying opportunity of retracement H4 bullish ob 1184, while attracting funds remains bullish. USDT.d As mentioned last time, if we reject the bearish test, it will be our BTC buying opportunity. After refusing now, Usdt. d continues to decline, hoping to plunder IDM and create a new low point. BTC also continues to be bullish.