Market analysis on June 16:

So far, Bitcoin has rebounded steadily and returned to the 66,000 area after a large amount of liquidity fell below it.

ETH's golden needle positive line closed with a large volume. From the 4-hour chart, ETH rebounded after breaking the new low of 3361. The current bullish trend is very strong, and the price has also come to the upper track to seek a breakthrough.

Let's see if this week's weekly closing can stabilize.

Let's talk about the next few good news in the market:

1) The United States issued another 1 billion USDT yesterday, which is good for the market.

2) The short-term market is optimistic about Ethereum's ETF S1 approval to be advanced to July 2, and the inflow of ETF spot funds will drive the rise of Ethereum series currencies!

3) In addition, the expectation of interest rate cuts is on the way and the US election is good for the crypto market.

My personal opinion is that I am very optimistic about the market in the second half of the year, but the risk that needs to be paid attention to is that the total market value of the cottage is now close to the bull market. But there are still many coins that have not outperformed the market, so we still have to be cautious in choosing coins. $ZK $ELF $BURGER #币安合约锦标赛 #美联储连续第七次维持基准利率不变 #ZKsync空投争议 #AirdropGuide #欧洲杯开赛