Matrixport: Jackson Hole conference is expected to have little substantive signal, the real catalyst is the FOMC meeting on September 17th According to a report by Golden Finance, Matrixport released today's chart stating that "Bitcoin's current pullback has failed to hold onto the downward trend line, which is different from our previous expectations. The current downward trend is expected to be limited, but market sentiment tends to be cautious before the Federal Reserve's September interest rate meeting, and the price may test the support level of $112000 again. The Jackson Hole Conference is expected to have little substantive signal and is more focused on academic exchange, making it difficult to influence the market. The catalyst that the market is truly concerned about at present is the FOMC meeting on September 17th. On a technical level, Bitcoin hovers between $112000 and $117.292, providing traders with two strategies: chasing the trend when breaking upwards, or building positions when the price falls back to around $112000, whichever comes first