7.22 Market Analysis:
After 2 am last night, BTC fell to $65,700
and then rebounded immediately.
What do you think of this week's market and how should we operate?
Two major events this week, both of which are positive
(1) A Bitcoin conference will be held on Thursday, July 25th. Trump will attend and give a speech on the last day.
Trump will call for BTC, saying that he wants to make the United States a leading country in the cryptocurrency industry,
supporting everyone's wallet self-management rights, etc., which is good for the cryptocurrency circle.
(2) ETH ETF, there may be news this week
Buy expectations, sell facts, positive release may be negative
The current BTC price is $68,000, and it will reach the previous high if it rises by 10%, so the pressure is still very high
The more BTC rises, the greater the risk of copycat
In addition, the Mentougou incident has not been completely handled
The long-term outlook for the currency circle is optimistic, and there are still some negative factors in the short term. Control the risk
