Bitcoin has a regular monthly ups and downs, and its performance in July has attracted attention. South Korean whales secretly increased their positions, Pendle and Ethfi collapsed, and the date of the Fed's interest rate cut will be revealed.

The historical performance of Bitcoin's monthly ups and downs has been statistically presented, and there are surprising patterns hidden in it. What was its performance in July? Big revelation! South Korean whales quietly increased their holdings of this coin for seven consecutive days! It's really amazing

! Why did Pendle and Ethfi collapse? Can we buy at the bottom? Here is a lesson from the past! The date for the Fed to cut interest rates has been set! It will be announced on this day! I noticed that the Korean whale was secretly hoarding coins! The potential of this coin is indeed extraordinary!

The historical performance of Bitcoin's monthly ups and downs is already clear, and there are significant patterns. What is the situation in July over the years? However, Pendle, EtherFi and REZ have fallen sharply. What is the reason? Can we buy at the bottom? Let's find out with Yumo. If June in the cryptocurrency circle is usually bloody, then July is mostly low-opening and then high-going, and the possibility of actually closing up is quite high, basically with a double-digit increase.

In the past ten years or so in the currency circle, both the average increase and the median increase have shown an upward trend in July. To achieve such double-digit gains, July often opens lower and moves higher, and only in this way can such a significant rise be achieved.

At the beginning of this month, the price of Bitcoin has just fallen back a lot. The strong support of Bitcoin is at 56,000 and 52,000. We can use the price of Bitcoin as a reference to buy the bottom of various small coins. There may be a round of rise at the end of the month. So the question is, which coins should be bought at the bottom? Many events are happening in the currency circle without people noticing.

For example, the 0X460 whale I have been observing for several weeks has been extremely crazy. It has been increasing its holdings of Ondo all the time, buying millions of Ondo coins every day, and buying in small batches, so that it is not easy to trigger large-amount warnings on the chain. So far, it has bought 60 million coins. After tracking for a long time, Yumo finally found the source of this 0X460 whale, and its background is amazing.

Most of his funds come from 0X4AA, and this 4AA comes from Upbit, the largest cryptocurrency platform in South Korea. At this point, the incident has become clear that a certain whale or institution in South Korea is hoarding Ondo in large quantities.

Everyone must have heard about the enthusiasm of South Korea for cryptocurrency trading. The currencies they are interested in often double in one day, so Ondo is indeed worthy of everyone's attention, and the scale of buying is really not small. Well, after talking about the good news, let's take a look at a piece of bad news. Recently, Lido, EtherFi and Pendle have been really miserable, and they have plummeted due to the impact of the SEC lawsuit. Since the SEC claims that Lido and RPL, the leaders of the pledge track, are securities, re-pledge and financial management projects such as EtherFi and Pendle are greatly implicated.

This is an unprovoked disaster, a bad news without reason, and there is really not much we retail investors can do. However, there is no need to worry too much, because Uni has encountered a similar situation before, but it rose again a month later, so those who are bold can buy some Pendles at the bottom, but they must not hold a large position.

After the Ethereum ETF is launched next week, these currencies are likely to see a rebound. At that time, those who bought the bottom of the currency can consider taking some profits, and those who entered the market before can appropriately unwind some of their positions and switch to other currencies that are not troubled by lawsuits. After all, this type of financial project is more sensitive, so although the possibility of a subsequent rebound is not small, the long-term uncertainty is still large, and it is important to pay attention to risk control.

Then, everyone can pay attention to July 11th, as that day is Trump’s hearing, which may be postponed or even pardoned. On July 25th, Trump will give a speech at the Bitcoin conference. Therefore, Trump, Maga, and People related to them will most likely usher in a wave of popularity before these two dates. Then, on the day of the event, all the good news will be exhausted and the market will pull back. Therefore, friends who want to make short-term operations can seize the opportunity and buy spot goods at a low price.

Tru, which we recommended to buy at the bottom in the last episode, performed extremely well, rising to 0.14 at its highest, an increase of nearly 20%. When Bitcoin fell below 60,000 at noon today and failed to recover, Benmo issued a warning that it would at least fall to the support level of 56,000. This news was also released on the square. I wonder if everyone has seen it and whether they have taken any risk hedging operations?

You can also visit the homepage for more operation details. Benmo updates in real time every day~

OK, back to the point. Next, let's look at the biggest hot spot this week, which is the US unemployment rate and employment data at 8:30 pm on Friday, which can trigger sharp fluctuations in the market every time.

Although the previous value and forecast of unemployment rate remain unchanged at 4%, the market is looking forward to employment. The previous value was 272,000, while the forecast reached 200,000, which indicates that the market believes that the overheated job market will cool down. However, everyone should note that employment data lower than expected is positive, while higher than expected is negative.

However, market expectations are so low this time that it is actually quite difficult to achieve them, so the probability of negative news being higher than expected is relatively high.

Putting aside market expectations, the number of employed people will most likely decline, which is actually beneficial to the Fed in curbing inflation in the long run. Now both CPI and PCE are moving in the direction they expect, so the probability of the Fed starting the first interest rate cut at the interest rate meeting on September 19 is extremely high, reaching 60%. At that time, the US election is approaching, so Yumo believes that the real bull market will start at that time, and now is the last dark moment. So please hold on, the dawn of victory is not far away!