Be ready for the July counterattack:

First, various indicators are approaching the bottom sentiment

The reason why a lot of on-chain data is distorted is because the data is seriously lagging. When everyone knows certain indicators, they can easily become invalid. The truth and wealth will always be in the hands of a few people. If most people are bearish, the market is likely to go the other way.

Market sentiment reached despair within a month, and then there were mostly wealth creation effects and failed projects. No matter whether it was funds, secondary retail investors or studios, very few made money.

There are very few people who are still exploring new tracks and projects. Some friends even develop into the tertiary market.

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Yesterday, BTC rose slightly to around 61,500 and then went sideways. When I woke up today, I saw that many copycats rebounded by 10-20%. It was quite fierce. A big surge pulled it above 63,500. May was poor, June was desperate, and July turned around. May and June were all falling. Is July really a month of skyrocketing?

June was a downward trend overall. If we stick to the old saying, the fifth month was poor, the sixth month was desperate, and the seventh month was a turnaround. In fact, this makes sense. In the first half of the year, many coins had increased several times in the bull market, and then they fell back.

In fact, looking back at the first half of this year, the cumulative increase of Bitcoin has reached 48.46%; the cumulative increase of Ethereum in the first half of this year has reached 50.65%. The Bitcoin ETF has had net inflows for three consecutive days. Although the inflow amount is small, there are signs of a slow increase. Combined with the return rate of Bitcoin in July, it is the third best month of Bitcoin in the year. Therefore, Bitcoin is expected to return to above 70,000 in July.

In short, don’t be too pessimistic. Face July with the same attitude as you did in January!

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Recommend these tokens with unlimited potential:

- Nervos Network（￥CKB)

Current price: $0.012331

Market cap: $550 million

24-hour trading volume: $15.7926 million

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Recently, Messari published an extensive analysis of the Nervos Network, outlining its key role in advancing Bitcoin's technical capabilities. The report highlights the project's use of its layer 1 blockchain and RGB++ protocol to solve scalability and programmability issues in the Bitcoin ecosystem. By leveraging RGB++, Nervos has been able to deploy smart contracts and issue assets directly on the Bitcoin blockchain since its integration.

-Neutron（￥NTRN ）

Current price: $0.471

Market value: $165 million

24-hour trading volume: $26,818,300

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This coin has soared in the past and actually has great potential. Now it has fallen to a very cheap range, so you can make a layout and wait for the long term.

Neutron (NTRN) is a cross-chain smart contract platform created in early 2023 by a team led by former LidoDAO (LDO) community manager Avril Duthiel. Built on the Cosmos SDK and CosmWasm and secured by the Cosmos Hub, the project facilitates decentralized applications (DApps) across the Cosmos network's 51+ interconnected blockchains.

Neutron allows developers to launch smart contract-based applications and connect to the entire Interchain ecosystem through IBC. In addition, the platform is able to execute transactions across different regions (blockchains) of Cosmos without redeploying code. It is very useful for developing decentralized applications (dApps) in the Cosmos ecosystem.

NTRN is the native token of the project and powers the project.