On July 14, Binance celebrated its seventh anniversary, Ethereum ETF trading was launched, and funds returned after the European Cup ended.
1. Bitcoin has a second bottom in 4 hours. If it breaks through 58,300, the second bottom will be established. Although the German government continues to sell, the market has not fallen but risen, insisting on only low-long operations. You can place a pin order when Powell speaks at 22:00 tonight. Once the news causes a drop, enter the market decisively.
2. The cost of miners is between 49,000 and 53,000 US dollars, which means that the bottom of the bull market has been touched. After touching the cost of miners in 2020, the price of Bitcoin has soared all the way.
3. Trump's victory is almost certain, and the expectation of a rate cut in September is good for the crypto circle, and the market outlook in the fourth quarter is optimistic.
4. Historically, there are usually 5-6 30% pullbacks in bull markets. This time, the price has increased by nearly 30% from July 3 to $53,000, which is in line with the bull market correction rule. We must seize the opportunity to get on board. It is difficult to buy a bull market with a lot of money. The big drop is the real opportunity.
