The market has been consolidating for 7 months
Will it fall, rise or continue to consolidate
Historical interest rate cuts in 19 years 7.9.10
The market plummeted from the third interest rate cut and then continued to stretch
The second interest rate cut was in November this year
The probability of continued consolidation is high
2025 will be the year of skyrocketing
This bull market mainly promotes meme and artificial intelligence sectors.
Buy on dips, be sure to hold #9月美国CPI实现6连降

Fuse, fuse
The economy is linked
The Bank of Japan's warning of further interest rate hikes caused the Japanese stock market to break
The US economic recession theory,
Buffett's "clearance" reduction of Apple holdings,
The Middle East geopolitical risks are heating up,
The Korean stock market is breaking

Which country will break the circuit next? ? ?
The United States must hold on, otherwise the financial crisis will come$BTC $ETH $BNB #

High 7.3 in March, 56,000 at the end of May, down 23%
High 7.2 in June, 53,000 at the end of July, down 26%
High 7 in July, estimated 49,000-50,000 at the end of August, down 29%
If the entire market is moving in a good direction,
It is impossible that the position of 73,000 will not be broken for 5 months.
The bull market has been here for a long time
$BTC $ETH

In the past 8 hours, Mentougou transferred 47,000 bitcoins worth $2.7 billion. Most of these were transferred to exchanges. The exchanges compensated customers. Kraken has 90 days to process the payment, Bitstamp may take up to 60 days, BitGo will see the payment within 20 days, and SBI VC Trade and Bitbank will complete the payment within 14 days. Compensation to customers, customers get it, do you think they will sell it? If I remember correctly, Mentougou involved a total of 140,000 bitcoins

As of the 5th
The German government has been selling the seized Bitcoins, but still holds more than 40,000 BTC, worth more than $2.3 billion.
Just released 500 more
According to Germany's current currency release, it can be released in 80 days
The market is too difficult, otherwise it will be sold out in one day

Germany sells
America sells
Mentougou sells
Whale sells
Losing 10 points every day
Losing is too much
Tonight at 8:30 non-agricultural, if the data is not good, it will continue to fall

Run, run! July is a major bearish month

The $9.2 billion Mt. Gox incident is going to be compensated, with huge sell orders

According to Bloomberg, the Mt. Gox trustee announced that it will begin repayment of Bitcoin and Bitcoin Cash in early July 2024. The trustee is ready to initiate repayment procedures to cryptocurrency exchanges in accordance with the requirements of the rehabilitation plan. The trustee stated that it has completed the confirmation and exchange of required information with the relevant exchanges to ensure the security and compliance of the repayment. The specific repayment will be carried out according to the order in which the information exchange of each exchange is completed.

According to the on-chain data tracking service Whale Alert, around 18:29 Beijing time, 1,158,893,534,074 PEPE (US$12,342,216) was transferred from an unknown wallet to Binance.
US$12 million😭

Is there still hope this month? Will it fall to the end of the month?
According to Token Unlocks, the top 15 projects with large unlocking amounts in June 2024. Among them:
·WLD unlocked the highest value this month, unlocking $476 million, accounting for 44.68% of the current circulating supply;
·SOL ranked second, unlocking $397 million, accounting for 0.5% of the current circulating supply;
·ARB ranked third, unlocking $122 million, accounting for 4.05% of the current circulating supply;
·AVAX unlocked $122 million, accounting for 4.05% of the current circulating supply;
·APT unlocked $101 million, accounting for 2.6% of the current circulating supply;
·NEAR unlocked $99.16 million, accounting for 1.15% of the current circulating supply;
·SUI unlocked $96.51 million, accounting for 3.71% of the current circulating supply;
·DOT unlocked $89.67 million, accounting for 0.88% of the current circulating supply;
·STRK unlocked $77.44 million, accounting for 5.61% of the current circulating supply;
·DYDX unlocked $70.10 million, accounting for 12.46% of its current circulating supply;
·DOGE unlocked $67.25 million, accounting for 0.28% of the current circulating supply;
·OP unlocked $64.50 million, accounting for 2.22% of the current circulating supply;
·IMX unlocked $64.33 million, accounting for 1.72% of the current circulating supply;
·UNI unlocked $63.51 million, accounting for 0.91% of the current circulating supply;
·ID unlocked $59.83 million, accounting for 18.23% of the current circulating supply.

Is it true that June and July are not suitable for cryptocurrency trading?
This is a market crash

The market lacks money. The trading volume is too small. There are no hot spots. Good news has no support. There is a high probability of a correction. Bitcoin has no upward trend. All other coins are buried. From March to now, many coins have fallen by 50%.

Is it really good to hold altcoins for a long time?

The table I made before

Are you still okay if you bought these coins now?

sui
SEI
blur
OP
sats
ARKM
WLD
JUP
PIXEL

Data from 8:30 last night
Speech from 2:30 in the morning
Both have come to an end
Can the market hold up to 67,000?
If it doesn't hold, the copycat will fall further
Are those who bought the bottom in the early morning still doing well?
Vote to see what everyone thinks

According to on-chain analyst Ember, the Orbit Chain hacker has transferred 12,932 ETH (worth $47.58 million) in the past 10 hours and completed money laundering through Tornado Cash. The hacker's address currently holds 13,821 ETH (worth $50.86 million) and 20 million DAI.

According to on-chain analyst Ember, a whale that received 67,000 ETH from the Ethereum Foundation address in 2015 transferred 15,200 ETH (US$56.47 million) to Kraken at 2 a.m. today (6/8), which may have contributed to ETH's decline today.
·The ETH in this whale's address comes from: 1. 200,000 ETH received from the Ethereum Genesis Block (possibly participating in the ICO); 2. 67,000 ETH received from the Ethereum Foundation address.
·The whale's address currently holds 41,000 ETH (US$151 million).

Will there be a pullback?

Is the data on Friday optimistic?

The US spot Bitcoin ETF increased its holdings by a total of 12,100 Bitcoins on June 5

The opportunity may be slowly fading away

CZ has begun serving his sentence at a low-security federal prison in Lompoc, California. CZ's defense team, Latham & Watkins, confirmed that CZ is now in custody. In November 2023, CZ pleaded guilty to violating the Bank Secrecy Act for failing to maintain an effective anti-money laundering program; in April of this year, CZ was sentenced to four months in prison.

Mentougou incident
Smashed down
Take over the market

At around 12:48 today, the MtGox wallet in Mentougou transferred 32,499 BTC to the Bitcoin address: 1JbezDVd9VsK9o1Ga9UqLydeuEvhKLAPs6.

At around 12:11 today, the MtGox wallet in Mentougou transferred 32,137 Bitcoins to the Bitcoin address: 1JbezDVd9VsK9o1Ga9UqLydeuEvhKLAPs6.

According to the data on the Arkham chain, the total amount of Bitcoin currently held by this address has reached 75,047. Based on the current price of $67,856, the value of Bitcoin holdings at this address has exceeded $5 billion, currently $5,092,407,788.62.

Whale Alert monitored that the MtGox wallet in Mentougou transferred a total of 42,884 bitcoins to a bitcoin address through four transactions today: 1JbezDVd9VsK9o1Ga9UqLydeuEvhKLAPs6.
According to the Arkham chain data, the total amount of bitcoins currently held by this address has reached 42,909. Based on the current price of $68,428, the value of the bitcoin holdings at this address is close to $3 billion, currently $2,936,198,205.06.
According to Lookonchain monitoring, Mt.Gox once again transferred 30,590 BTC (about $2.1 billion) to the address 1JbezDV. Today, a total of 42,830 BTC (about $2.94 billion) has been transferred, and 95,061 BTC (about $6.53 billion) are still held.

The U.S. Securities and Exchange Commission (SEC) has officially approved all spot Ethereum ETFs.