I hate the endless fluctuations in the price of pie, which cannot rise or fall. Just like the rainy weather, the pain in my left foot due to gout is unbearable. I long for and expect a heavy rain to end the gloomy weather.
The launch of ZK attracted a lot of attention from the market today, with a market value of over 900 million USD immediately after launch, which directly caused the collapse of the entire market at a time when liquidity is scarce. It should be noted that the daily trading volume of Bitcoin and Ethereum is only about 2 billion USD in 24 hours, and the vitality of the market is being drained by one air coin after another.
Before today, almost all investment research studios and communities on X platform and Jianzhong circle were boycotting ZK's listing on the big exchange and launched a community call. The core reason was that its token airdrop mechanism wiped out all the investment research teams that had worked hard for many years, and the 200 accounts that Sanshu had worked hard to run were also in vain. It's like dating the goddess of your dreams for three years and about to get married and have children, but on the eve of the due date, you are told that the child is not yours.
Regarding VC coins, if you have airdrops, or have grasped the zero-cost doubling position before, you can hold it for a long-term expectation. Under the current circumstances, if you want to make a layout, you should get rid of this idea as soon as possible. In this bull market, except for Bitcoin and Ethereum, there is no way to make a layout for other coins for the time being.
Last week, the net outflow of Bitcoin spot ETFs was 580 million US dollars, of which GBTC had the largest amount of 274 million US dollars, and BlackRock IBIT had a net inflow of 41.6 million US dollars. The inflow of funds from over-the-counter ETFs is still the key data to pay attention to this week. The market sentiment is temporarily neutral. At least the trend of Bitcoin is still in the form of rebound relay!
The Federal Reserve will speak more this week, with more than a dozen press conferences involving discussions on interest rates, which is expected to cause abnormal market fluctuations. Halfway through the month, the negative impact of previous data is still continuing. The only positive suspense in the short term is that Ethereum will launch an ETF product in early July.
Today, the whole network is bearish, and more and more voices say that the bull market is gone. I still don't back down from the recognition of the bull market. At the end of the bull market, only 20% of people can make money, and less than 1% of the 20% can make big money. This is the result of the bull market in 2013, 2017 and 2021, and it is still the same in this round!
BTC: Bitcoin has seen a pullback to the 66,000 point position, and the bulls and bears are fighting again in the evening. Technically, it closed with a small negative line last week, but the daily MACD is above the zero axis, which is a small rebound signal. There is no opinion on Bitcoin in terms of operation. The overall trend is not beyond expectations. I hope the wash will end as soon as possible.
ETH: Ethereum trend is linked to Bitcoin, with slightly more incremental funds than Bitcoin. In the later period, it should be hyped up for the listing of ETFs, and the technical bottoming is relatively stable compared to Bitcoin. After a rebound of nearly 300 points over the weekend, it ushered in a 150-point correction today, which is still normal from the point range, but it brought down the altcoin.
No matter how rubbish a copycat is, it has the chance to soar. No matter how awesome a VC coin is, it may return to zero. We have to get used to the ups and downs and sideways trading. People will leave and the tea will be forgotten. We will have a long time in the future!
Finally, stay away from leverage and stock up on spot goods! #币安上线ZK #AirdropGuide #美联储何时降息？ #meme板块关注热点 $BTC
