📝 Review:On Thursday, the U.S. dollar index rebounded, and then, as the U.S. July PPI index was higher than expected, possibly indicating a widespread rise in inflation in the coming months, the dollar index expanded its gains and returned above the 98 mark, eventually closing up 0.43% at 98.17; the benchmark 10-year U.S. Treasury yield closed at 4.290%, and the 2-year U.S. Treasury yield closed at 3.741%.

USD/JPY 147.700  Buy  Target Price  148.632

📝 Review:Spot gold continued to decline during the day, and once fell below the $3,330 mark during the US trading session, plummeting more than $40 from the daily high. It finally closed down 0.61% at $3,335.33 per ounce; spot silver closed down 1.27% at $37.99 per ounce.

Gold 3335.46  Sell  Target Price  3308.32

📝 Review:Crude oil rebounded, hitting a nearly one-week high during the session. WTI crude oil fluctuated upward during the day and surged significantly before the U.S. market, eventually closing up 1.54% at $63.06 per barrel; Brent crude oil finally closed up 1.46% at $66.29 per barrel.

WTI Crude Oil 63.031  Buy  Target Price  64.721

📝 Review:The three major U.S. stock indices were mixed, with the Dow down 0.02%, the S&P 500 up 0.03%, and the Nasdaq down 0.01%. Intel (INTC.O) rose 7.38%, the Nasdaq Golden Dragon China Index fell 2.13%, Alibaba (BABA.N) fell 3.64%, JD.com (JD.O) fell 2.86%, and NetEase (NTES.O) fell 3.88%.

Nasdaq 100 23796.550  Buy  Target Price  23985.922

📝 Review:From last night to today, Bitcoin showed a pattern of surging and then retreating: boosted by rising expectations of a Fed rate cut (the probability of a September cut rose to 62.6%) and better-than-expected earnings reports from U.S. tech stocks, Bitcoin hit a historic high of $124,474 on August 14. However, it later retreated to around $117,000 amid profit-taking pressure and comments from Fed official Daly opposing significant rate cuts (a 0.88% drop over 24 hours). On the news front, BlackRock recently increased its holdings by 5,613 BTC (bringing its total to 620,000 BTC), and the enactment of Hong Kong's "Stablecoin Ordinance" provided long-term support. However, Coreweave's stock plunge sparked short-term concerns about the AI industry chain. Technically, Bitcoin has formed a consolidation pivot around $120,000–$121,000. The 4-hour chart shows the RSI retreating from overbought levels (78) to 55, while the Bollinger Bands shifted from expansion to contraction. The repeated entanglement of short-term moving averages (e.g., EMA50) with the price reflects intense battles between bulls and bears. Key support has shifted downward to the $116,000–$117,000 range (aligned with the EMA200 and August's institutional accumulation cost zone). A breakdown with volume could open further downside, but on-chain data shows exchange BTC balances dropping to 2.5 million (the lowest since 2018), with long-term holdings exceeding 70%. Combined with scaling expectations from Layer2 breakthroughs, Bitcoin retains overall upward resilience. The market now focuses on tonight's U.S. July retail sales data and institutional moves affecting liquidity expectations.

BitCoin 118384.4  Sell  Target Price  115884.2