Market Analysis 7.1

Good morning, brothers. A new week has begun.

The current market has rebounded. Many brothers say that the bull market has returned.

Four major events to watch this week.

(1) Powell’s speech on Tuesday

(2) The US ADP employment figures for June will be released at 20:15 on Wednesday

(3) The US non-farm payrolls for June will be released at 20:30 on Friday

(4) Most importantly, there should be further news from Mentougou before July 15

Although the market has rebounded, stablecoins are still flowing out.

Don’t sell at a loss when the market falls, and chase high when the market rises.

Don’t sell at a loss when the market falls. Many altcoins have fallen to the starting point of the rise.

Keep some bullets and continue to buy at the bottom if the market falls to 59,000.

Don’t chase high when the market rises, unless you are short, there is nothing you can do.

More bullets will be released after the news from Mentougou is further released.

Big funds can directly deploy some ETH.

This is the clearest and most stable solution.

The best situation at present is that the Mentougou incident in early July will be properly resolved, compensation will be delayed or paid in batches, inflation data will decline, and the expectation of the Fed's interest rate cut will increase, then a new round of bull market will start.

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