Good weekend everyone, let me predict the market situation
From a fundamental perspective, interest rate cuts are a long-term positive, but one or two interest rate cuts will not bring huge liquidity
There is a previous expectation of interest rate cuts, and what is speculated is the expectation that there will be a small bull market. It may be a few months or half a year after the interest rate cut that it will really bring about large liquidity, which is a big benefit.
Bitcoin (BTC) has successfully completed the recent pullback and clean-up action, and the negative emotions and unsteady chips in the market have been effectively cleared. Although the PPI (Producer Price Index) data released by the United States has brought certain market fluctuations, this impact is only a symbolic small correction and has not changed the overall trend. After the full-day adjustment during the daytime trading session, the technical moving average system has gradually recovered to a good state, indicating that the market is ready to go and may restart the upward trend at any time.
The price of Ethereum (ETH) remains above 3,000 points. As the end of July is approaching, the Ethereum spot ETF is also ready to be listed at any time. This is a relatively good news for the altcoins. After so long, they are finally coming out of the woodwork.
Bloomberg ETF analyst also said, "The SEC has not made any moves this week. It is unclear why they are taking so long. Every issuer is ready and the documents are ready. It's like a baseball game delayed by rain. We can only wait. Maybe things will move quickly next week."
Ethereum ETF is about to be approved, laying out 4 cryptocurrencies with potential up to 100 times!
1.NOT
The price of Notcoin has surged by 80% in the past few days, which has attracted widespread attention in the cryptocurrency market. Although Notcoin’s price has fallen by 0.5% in the past 24 hours, its current price reaches $0.01606, marking significant growth since hitting a seven-day low last Friday. Notcoin has gained 21% over the past week but has fallen 13% over the past 30 days.
Notcoin’s technical chart shows that although its price has fallen slightly since the beginning of the week, it is likely to rise again soon. Its relative strength index (RSI) dropped to 45 this morning but has since recovered slightly, suggesting that buyers may be about to return to the coin. The coin’s trading volume has also increased significantly today, reaching $700 million, compared to $300 million a few days ago, indicating that interest from buyers is picking up and they are clearly taking advantage of the price declines this week and this month.
2. LOVE
TIA coin, full name Token of Investment and Allocation, is the native token of Celestia. Celestia is a modular blockchain project focused on data availability. It aims to simplify blockchain deployment by providing a pluggable consensus network, allowing anyone to quickly deploy a decentralized blockchain at minimal cost. As the main token of the project, TIA coin undertakes key responsibilities such as gas fees, node staking and governance.
Looking ahead, with the continuous development of blockchain technology and the expansion of application scenarios, the market potential of TIA coin will be further released. Especially in the integration with mainstream second-layer networks such as Polygon, TIA coin is expected to gain more application opportunities and market demand. In addition, the construction of TIA coin's ecosystem will continue to improve, providing investors with more investment opportunities and sources of income.
3.OM
Mantra is a Layer-1 blockchain that can implement real-world regulatory requirements. It has attracted much attention in the crypto industry since this year due to its unique features and functions. The platform is mainly aimed at institutions and developers, providing a secure, transparent and efficient blockchain solution. Mantra's core competitiveness lies in its strong regulatory capabilities, which enable it to meet the compliance requirements of financial transactions. This is an important advantage for institutions and developers because they can conduct business in a regulated environment and avoid potential legal risks.
With the rapid development of blockchain technology, decentralized finance (DeFi) has become an important trend in the field of digital currency. OM Coin (Mantra DAO) is an innovative project that caters to this trend. It is committed to building a decentralized financial ecosystem based on blockchain to provide safe, efficient and transparent financial services to users around the world.
4. PYTH
Pyth Network aims to connect traditional financial markets with blockchain technology by providing real-time, high-quality market data. This data is essential for decentralized applications (dApps) across multiple blockchains, enhancing the reliability and functionality of smart contracts in various financial fields. Recently, Pyth Network has established a strategic partnership with AMINA Bank to improve data accuracy in the decentralized finance (DeFi) community.
AMINA Bank will provide Pyth Network with real-time digital asset price data to improve the accuracy and efficiency of financial services in the DeFi field. By integrating its resources with Pyth Network, AMINA Bank is committed to enhancing the network's data products. This cooperation marks an important step in the integration of traditional banking and emerging Web3 applications, and is expected to make financial services more convenient and reliable for users in different industries, thereby improving user experience and financial participation.
