BitEagle 🦅6.30 Accurate Market Analysis @Everyone

Good morning, brothers, yesterday was Saturday, and ETF trading was suspended.

Let's look at the on-chain data first:

(1) Stablecoins have rebounded a little

(2) BTC inflows into exchanges have slowed down, but are still at high levels

Current support levels: $60,000, $58,400

Resistance level: $63,000

Powell will give a speech next Tuesday

The US ADP employment figures for June will be released at 20:15 on Wednesday

The US non-farm payrolls for June will be released at 20:30 on Friday

The last data released was 275,000, much higher than the expected 200,000, which caused BTC to plummet

This time it should return to normal, not so exaggerated

In fact, the Fed's policy is not very important for the recent impact on the cryptocurrency market

The most urgent task is the Mentougou incident. BTC worth $9 billion is no joke

Even if only 1/3 flows into the market, there is still a scale of $3 billion,

enough for ETF net buying funds to inflow for more than a month to offset

Mentougou will have to release the results before July 10th, and it's about to come true

Don’t buy the dip in the next few days, wait a few more days, unless you are short

We need to prevent BTC from falling below $59,000

If it falls below, don’t sell the spot, and continue to buy the dip

Optional currencies: STX, FTM, CHR, ETH, Uni, etc. $BTC $ETH $BNB #美国5月核心PCE物价指数年率增幅创2021年3月以来新低 #Mt.Gox将启动偿还计划