The known potential negative factors in the market in July are as follows;
1: The German government continues to ship regardless of price, and there are nearly 30,000 pieces to be shipped, with an estimated capital of 30,000*61,000=1.8 billion,
2: The US stock market continues to rise, forming an inverted trend, the US stock market rises, the currency circle falls, and funds flow out.
3: Baozi expressed the uncertainty of the September interest rate cut, and market expectations fell.
4: ETH's ETF has not yet started trading, and the market expects the transaction to be delayed. It seems that the release of the ETF also needs to pay attention to whether the market supports it.
5: FTX is waiting for compensation, 16 billion assets to be realized, compensation oil, and high selling pressure
6: Miners are selling at high levels, changing machines, and paying electricity bills, all of which require the market to pay