7.25 Accurate Market Analysis
I have been reminding you of risks these days. Last night, the US stock market brought bad news to the cryptocurrency market.
Last night, when we were sleeping, the US stock market staged a battle royale
The Nasdaq fell 3.6%,
AI fever cooled down, and the market value of the Nasdaq 100 evaporated by $1 trillion
US stocks and BTC are both risky assets, and they have a linkage and mutual promotion effect
Many times, when the US stock market falls, BTC falls
Last night, BTC almost fell below $65,000
The next big negative is still Mentougou
Mentougou has a total of 140,000 BTC, and nearly 50,000 have been distributed
A total of $4.6 billion in selling pressure will be released to the market
It will last until the end of October
And the positive effects of interest rate cuts and ETH ETFs have been released to a large extent.
So the secondary market will be a bit difficult in the next few months
Don't rush to buy at the bottom, keep your bullets in your hands and wait for opportunities
Friends who want to communicate with coins, please see the homepage🌊