The mid-line pressure has been broken, and the macro market will help the daily level to rise
👉Those rising factors you don’t know👈
👇You will find the answer here👇
In fact, from the perspective of the macro market, the answer has been given to everyone very clearly. Previously, Farsighted also used multiple dimensions such as long-short ratio, position ratio, ETF, and US labor market conditions, prices and other anti-inflation data to prove that it is bullish. I won’t go into details here. Interested friends can read it by themselves. Judging from the latest market trends, bulls may continue to be added.
Trump’s election approval rate exceeds 70%
As a rare and iconic "pro-currency" leader in the United States, everyone should be able to see the impact of his previous attack on the circle. If he is elected, his essence is a great benefit to the circle.
The market bets on a 25 basis point rate cut by the Federal Reserve in September with a probability of 90%
Affected by the recent data release, the market has turned from two rate cuts by FOM to three within the year, and the probability of the first rate cut in September is as high as 90%. Although Trump said in a recent interview that he did not support FOM's doing so, the market bets and the attitude of officials have opened the door to further rate cuts.
The US SEC plans to announce the effectiveness of the registration statement of the Ethereum ETF next Monday
According to the current news released by the US Securities and Exchange Commission, the Ethereum ETF may be launched on July 23, and its registration statement will take effect, which means that the spot Ethereum ETF will be able to start trading. With BTC passing in the past, this round should be a breeze.
If you come to talk to me about the compensation selling pressure of MT.GOX and the outflow and escape from the top after the ETF is passed after understanding all this, then I may think that you are not aware enough.