7.26 Market Analysis Report
Good morning! Today's market is divided, with BTC showing initial signs of rebound, while most altcoins have failed to rise simultaneously.
Current market bearish analysis:
Pressure on U.S. stocks to peak: The recent performance of U.S. stocks has been weak, investors’ over-the-counter cash reserves have dropped to historical lows, and capital tensions are obvious. This market sentiment may spread to the cryptocurrency market, especially BTC as a safe-haven asset, which will be affected and face selling pressure.
Mentougou BTC legacy issues: There are still about 90,000 BTC that have not been distributed. It is expected that this selling pressure will continue until October, bringing significant downward pressure to the market in the next two months.
Analysis of multiple factors in the market:
Fed interest rate cut expectations: The market expects that the Federal Reserve will start an interest rate cut cycle in September and may continue to lower interest rates in November and December. Loose monetary policy is expected to release a large amount of liquidity and inject vitality into the financial market. In theory, it is good for risky assets such as BTC and may push their prices to new highs.
Increased political support: The U.S. presidential candidate’s support for cryptocurrency has brought positive signals to the industry, which is expected to increase market confidence and promote investor attention and participation.
Market status and suggestions:
The money-making effect has weakened: Recently, the overall profit margin of the currency circle has narrowed, market activity has decreased, and most of the time it is in a state of "garbage time". Risk warning: If BTC further drops to the 64,000 level, it may trigger a chain reaction of declines in more altcoins, and investors need to be wary of potential risks.
Position strategy: In view of the current market environment, it is recommended to keep 50% of the position unchanged, adopt a cautious attitude, and continue to wait patiently for market clarity.
Summary: The current cryptocurrency market is in a complex and volatile stage, supported by both favorable factors and significant downward pressure. Investors need to pay close attention to market dynamics, reasonably control their positions, and wait patiently for better entry opportunities.
