Bitcoin rose to 65,000 yuan and met with Mentougou compensation. How will the market go next?
Seeing the market rise in the early hours of last night, do you feel that your mood has brightened? Although some altcoins have not fully recovered, we can already see a glimmer of light in the darkness!
Last week, the German government sold all BTC, and the CPI was lower than expected, coupled with Powell's positive speech. These good news jointly pushed BTC to break through and stabilize the 60,000 mark. Trump's approval rating rose after the assassination attempt, and he himself supports cryptocurrency, which undoubtedly added fuel to the market's rise!
There are not many important data this week, but it is worth noting that the Ethereum ETF will be launched on July 23. This means that without other data interference, the market has a relatively large chance of being bullish in the next week.
In the cryptocurrency circle, you must have your own independent judgment. Don't be swayed by the bear or bull market views of the outside world. The money is yours, and you have to make your own decisions!
Finally, let's talk about the impact of the Ethereum ETF. Once it goes online, the price of Ethereum is expected to soar. According to data forecasts, the launch of the Ethereum spot ETF may attract a large amount of capital inflows, pushing the price of Ethereum above the high of $4,000.