Is Biden dead? Or is it a rumor that Harris is struggling with the big task, and the hot topic is just an illusion. The latest economic data for the US second-quarter GDP exceeded expectations, easing some economic concerns. The core personal consumption expenditure price index (PCE) was higher than expected at 2.9%, which could cause trouble for the Fed. Emma Wall of Hargreaves Lansdown said, 'Although the PCE index is above target, it is declining. Coupled with strong economic rise data, the pressure on the Fed to cut interest rates next week has eased somewhat. It is expected that the Fed, the European Central Bank, and the Bank of England will cut interest rates in September, forming a wave of interest rate cuts.' Political developments: Harris will debate with Trump on September 10, which may lead to market instability. Although the debate itself will not directly affect the encryption market, if Harris takes office and implements strict regulations, the cryptocurrency market may be affected. BTC market: rapid Rebound at the daily candlestick level, trending towards pump. Near-term pressure: near 68500, future pressure: near 69800, support position: near 65000. 4-hour level: pressure for high repairing trend near 69500, support near 68500-68200, support near 66750. Analysis: The recent big dump in BTC is a normal phenomenon, mainly due to the uncertainty in US politics. Harris's lack of qualifications and lack of support for encryption make it unlikely for her to win, but if she takes office, it could have a significant impact on the encryption and stock markets. The encryption market is in the phase of BTC recovery, and may enter a small altcoin season. Intraday BTC pump trend, pressure near 68500, no major fluctuation expected over the weekend, focus on altcoin market. Conclusion: The spot market can get through this difficult period, remain calm in the face of adversity. #Crypto News Bitcoin❗ coin #MarketSentimentToday tAnalysis BTC conference $BTC $ETH omicData #PoliticalImpact Altcoins #InvestmentStrategy