Yesterday, Bitcoin fell 8.1%, falling to $58,528 at 4 a.m., the largest intraday drop since April 13.

But strangely, many altcoins did not break new lows, and instead rose instead of falling. It seems that altcoins also have a bottom line.

Yesterday, there was news that Mentougou paid more than $400 per BTC, which may be fake news and needs further observation.

There should be detailed information by July 10.

BTC may fall below $60,000 again, but altcoins may see a turnaround for two reasons. (1) BTC is not at a high level, so there is room for altcoins to play. BTC has always been at $70,000 before, and big investors are worried that BTC’s correction will cut altcoins in half, so they dare not buy. Now that BTC has fallen to $60,000, it gives altcoins room to rise. (2) BTC is under selling pressure, and everyone knows that Mentougou is going to crash the market. Then some funds in the market will flow from BTC to ETH and other altcoins. So from now to early July, during this chaotic period, hold 50% of your position, and then increase your position in ETH and altcoins to 50% in batches. Don’t go all in at once, buy a little bit every day. If the Mentougou news causes BTC to fall to $55,000, it will be a good opportunity to buy at the bottom. Because the biggest negative factor in the cryptocurrency market in the past 10 years has been lifted, after Mentougou, the cryptocurrency market may usher in a new wave of bull market. It is still the judgment I made before: From a macro perspective, we are currently on the eve of the Fed’s interest rate cut cycle. The day after tomorrow is beautiful, but tomorrow is cruel, and many people will fall tomorrow.

This includes abnormal economic data, the Mentougou incident, war conflicts, etc. $BTC $PEPE $SOL

Tell you a message. Now click on the chart below to enter the corresponding transaction, which is convenient for everyone to buy at the bottom