A wave of retracement, the big cake stepped back to the M200 of the daily K, and the copycats were bleeding.
Which macro-pricing factors will be bearish on the trend of Bitcoin in the future?
1. The earnings reports of the six US stock sisters are lower than expected or other equivalent negative events
On June 24, an equivalent negative event was priced in: OpenAI CTO GPT-5 is expected to be launched at the end of 2025 or early 2026; the delay of the version update accelerated the decline of Nvidia and TSMC, triggering a sharp drop in the Nasdaq. Related to the 7.7% drop in the Bitcoin ETF
2. The Fed’s expected rate cut is postponed again to the first quarter of next year. The market has already fully priced in a rate cut in December.
On the contrary, a rate cut before the election is good for the ruling party
The July rate cut window is at the end of the month. The Fed’s rhetoric ends this Friday, and short-term macro expectations are implemented. The second daily test may be confirmed. The focus will be on employment data and CPI data in the future. Another new low? The dogs in the US stock trading hall should know how to pick up chips
3. The negative impact of the quarterly option delivery pain point price
Auntie 3100 Scale 3.56 billion
Big pie 50,000 6 Scale 6.65 billion
4. CME Futures Gap Filling
The gap range below the big cake: 55900-58750
You can also roughly think that it has been made up.
5. The official update of the Yitai ETF information is more negative the later it is released, which may correspond to the selling reality on the market, especially the grayscale holdings will be under selling pressure. It also means the violence of the short-term pull before landing.
Sun Ge has been vigorously building up a position in Ethereum recently. It seems that Sun Ge’s cognition and information gap can be copied!
Bloomberg analysts expect the Ethereum ETF to be launched on July 2.
I really don’t know where the absolute bottom is. I think 58,000 to 60,000 is the limit of this retracement.
But if it falls to the expected range, we should dive in and pick it up with great force, which is a respect for the cheap chips.
Rather than rushing in after the price goes up, I, Brother Shang, prefer to believe that it is better to pick up the stocks after they fall.
This is historical experience, and it is time to be greedy!
So the question is, which sectors are more likely to produce gold coins next?
[Originally published on June 25 from the same name Weibo]
