Why are so many funds buying at the bottom?
The core reason is the three major positive factors summarized yesterday.
Currently, there are three major positive factors superimposed:
▍(1) Powell’s speech on Monday gave a boost to interest rate cuts, saying that he would not wait until inflation fell to 2% before cutting interest rates, which is a big positive. The CPI released last week proved that inflation is falling.
▍(2) Trump is expected to attend the BTC conference and give a speech on July 22 (next Monday). Trump supports BTC, which is very exciting.
▍(3) Ethereum ETF may be launched on July 23 (next Tuesday)
It’s the same old saying, long-term bullish, but beware of Mentougou continuing to make trouble.
140,000 BTC, only a few thousand have been transferred for compensation.
It is recommended to hold on patiently and not get off easily
Chr, Stx, FTM, Zk, AR
ETH and its three sectors Uni, Ens, Ssv
Japanese Ethereum Astr, Korean Ethereum Klay
