Joe Biden is dead? Or is it a rumor that Harris is struggling with the big task and the hot trend is just an illusion? The latest US GDP data for the second quarter exceeded expectations, easing some economic concerns. The core Personal Consumption Expenditures (PCE) price index was higher than expected at 2.9%, which may cause trouble for the Federal Reserve. Emma Wall of Hargreaves Lansdown said, 'Although the PCE index is above target, it is decreasing. Coupled with strong economic growth 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, triggering a wave of rate cuts.' Political developments: Harris will debate with Trump on September 10, which may lead to market instability. Although the debate itself may not directly impact the cryptocurrency market, if Harris takes office and implements strict regulations, the cryptocurrency market may be affected. The BTC market has quickly rebounded and is in a pump trend. Recent pressures: near 68500, future pressures: near 69800, support level: near 65000, high repair trend pressure at the 4-hour level: near 69500, support near 68500-68200, near 66750. Analysis for the day: The recent significant price drop in BTC is a normal phenomenon, mainly due to the uncertainty in US politics. Harris lacks qualifications and does not support cryptocurrency, so the chances of winning are slim. However, if she takes office, it may have a significant impact on cryptocurrency and the stock market. The cryptocurrency market is in the BTC recovery phase and may enter a season of small altcoins. During the day, in the BTC pump trend, the pressure level is near 68500, and it is expected that there will not be significant fluctuations over the weekend. Pay attention to the altcoin market. Conclusion: The spot market can get through this difficult period calmly.