In the short term, no matter how Bitcoin adjusts, I still hold this view:
The cryptocurrency market will bottom out between July and the end of August, mainly because the Bitcoin ETF has absorbed $3 billion in net inflows for 8 consecutive days, and the market is hyping up the expected interest rate cut in September.
In addition, the presidential election in November is also seen as a positive factor.
However, the market is currently severely divided, and investors still need to pay attention to the hot spots of capital flows
For example, Bitcoin, Ethereum, Solana and various Meme coin series have performed well in the bull market.