The current market is very frustrating, and the market sentiment is average. Many friends asked if there is still a bull market and a cottage season?
Yes!
Behind all this is the face of BTC. I remember that three months ago, it was 64,000, and the market sentiment was extremely fomo, and 100,000 was seen; three months later, it is still 64,000, but the sentiment is... Damn, it is still falling, still falling...
BTC cannot rise all the time, but it cannot fall all the time.
The current volatile market sentiment will still exist after the next bull market. So everyone can observe more now, what to observe?
Observe the relationship between BTC volatility and cottages. Macro, liquidity, and sentiment determine the price of BTC. Then the price and liquidity of BTC determine the price of cottages. BTC will have v, and cottages will definitely have v.
Today is Friday, the last working day of this week. Let's take a look at the urpd data and the chip accumulation area of BTC.
Next week will be a turbulent week, with the release of macro data such as PCE, and the progress of ETH's ETF. It is expected to be passed and traded in early July. Let's see if there will be any new news hype next week. At present, ETH is relatively strong and it can also explain it.
Everyone knows that the essence of BTC is to eat the dividends of the main US dollar liquidity, but there are many investment targets for US dollar liquidity. Now the US bond yield is high, and the AI technology in the US stock market has risen sharply. At present, BTC is still grinding, waiting for the macro turn and liquidity to come. As for when, this is the Merrill Lynch clock and BTC's self-narrative.
The market has been boring recently. Tomorrow is the weekend. Friends, take more rest and watch less. Life is more than trading. #MegadropLista #币安合约锦标赛 $BTC #币安HODLer空投
