Analysis of the future market trend of Bitcoin

Summary based on three points

1: The selling pressure of on-chain data is relatively low. At present, the number of Bitcoin in the exchange continues to be in a state of outflow. The supply of Bitcoin in cryptocurrency exchanges has dropped to 942,000, the lowest level since December 22, 2021. The recent Bitcoin ETF is still in a net inflow state. On June 11, Bitcoin whales took full advantage of the opportunity of the Bitcoin price plunge and accumulated 20,600 Bitcoins

2: The current round is a major adjustment of the Fed's interest rate cut. The interest rate cut will resume the upward trend. Before the listing of the Auntie ETF in July, the dog dealer will definitely seize the last opportunity to wash the market and frantically absorb funds in the market

3: ETH is stronger than Bitcoin, which is a good trend, indicating that the blood-sucking effect of Bitcoin has been greatly reduced. Everyone chooses to focus on the anti-fall cottage and build positions at low prices. At least it can be determined that the market in the second half of the year will definitely be a big rise.