Recently, the Crypto Assets market has shown a noticeable downward trend. The price movement of Bitcoin indicates that the Candlestick and D line have formed a death cross at high levels. Although all three lines remain at relatively high levels, the overall trend is downward, and short positions are gradually gaining dominance.



Market analysts predict that Bitcoin may fluctuate within the range of 118000 to 118500, with the next target price potentially dropping to the range of 116900 to 116100. At the same time, Ethereum's price movement is also worth watching, expected to fluctuate within the range of 4560 to 4590, with a target price possibly dipping to the range of 4500 to 4460.

Meanwhile, the U.S. real estate market has also seen some noteworthy changes. The latest data shows that mortgage rates in the U.S. have been on a downward trend for four consecutive weeks, currently reaching their lowest level since October of last year. A report released by Freddie Mac indicates that the average rate for a 30-year fixed mortgage has decreased to 6.58%, down from 6.63% last week.

However, experts remind us that the Federal Reserve's rate cut does not necessarily lead to a significant decrease in borrowing costs for homebuyers. Mortgage rates typically follow the fluctuations of the 10-year U.S. Treasury yield, which is primarily influenced by traders' reactions to various economic reports.

Kara Wu, a senior economist at Zillow Home Loans, stated that inflationary pressures may limit the Federal Reserve's policy flexibility. Although the recent decline in mortgage rates may attract some potential homebuyers, many remain cautious due to the ongoing affordability issue with home prices.

It is worth noting that this year the number of home sellers returning to the market has exceeded that of buyers, but they are faced with the reality that the number of homes for sale has not been listed for a long time, while the number of qualified buyers is also decreasing. This imbalance in supply and demand may have far-reaching effects on the future trends of the real estate market.

Overall, both the Crypto Assets market and the traditional real estate market face their own challenges and opportunities. Investors and market participants need to closely monitor various economic indicators and policy changes to make informed decisions.
BTC-1.2%
ETH-1.72%
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TommyTeachervip
· 08-17 16:46
This is my bottom line.
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ChainMaskedRidervip
· 08-17 15:48
Still have to see BTC's face?
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mev_me_maybevip
· 08-14 17:50
It's going to fall below 110,000.
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SelfMadeRuggeevip
· 08-14 17:48
Falling instead dares to go all in.
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PumpDoctrinevip
· 08-14 17:34
buy the dip才是正道啊
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MetaverseVagabondvip
· 08-14 17:32
play people for suckers just one word
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MultiSigFailMastervip
· 08-14 17:31
Let's still stash some coins.
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BearMarketBuildervip
· 08-14 17:27
bull run work Bear Market lie flat~
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