Will there be new funds entering the market to pull up the market?

(Strategy Zhu Ye)

Yes! The latest market information on Bitcoin:

1. Spot market: US spot ETFs have a cumulative net inflow of 14.763 billion US dollars, and a net inflow of 143 million US dollars yesterday. There is a fund coming in to copy a little bit;

2. In the futures market, Deribit’s Bitcoin block options bought 85,000 call options at the end of March next year. In addition to these, there are also people such as Dell’s founder who have expressed their intention to enter.

It is understood that the current cost of miners is 4.8~5.2W, and this position will be supported by another force.

In the long run, this decline is more certain that a big bull market will come in the future. Both Bitcoin and Ethereum are seriously oversold technically, as can be seen from the rebound last night. Some funds have also come in to copy, but not a lot. In the future, we will see if there is a chance for the funds to rebound a little more. If 55,000 stabilizes, there will be a chance to try 60,000 again. Ethereum has just broken 3,000, and it will repeatedly toss and repair here until it accumulates enough strength to move upward. After all, it will soon be time for Ethereum's ETF to be approved. #美国6月非农数据高于预期 #德国政府转移比特币 #币安合约锦标赛