There are traces of the market rise in July!
When the crypto market is not good in June, it often ushered in a strong rise in July!
Ali, an analyst on the chain, pointed out that the average return rate of BTC in July was 7.98%, and the median return rate was 9.60%
Xiaoyou believes that July may become a turning point in the crypto market. One of the key information is the launch of the Ethereum spot ETF. At present, the SEC requires the S-1 document to be resubmitted before July 8, and the S-1 document is likely to be passed.
According to the report analysis of Galaxy Research, if the ETF is approved for trading, the monthly net inflow of funds is expected to reach 1 billion US dollars!
Then the final transaction of the ETF online is likely to trigger a copycat bull market!
The market trend in July is very important. If you want to profit in the turbulent market, pay attention to Xiaoyou! Free sharing of market analysis and investment strategies!
