A rough forecast of the market in the coming months:
1. From August to September:
The market is expected to enter a sideways phase, mainly restricted by selling pressure in Mentougou.
Subsequently, $ETH may rise to $73,000 after accumulating strength in sideways trading, and then fall back. Altcoins may follow the decline, which may trigger liquidation and market reshuffle.
2. October to November:
The Fed is expected to cut interest rates around October.
Trump may win the election again in November (this is a hypothetical prediction), when BTC may hit $100,000, altcoins also show signs of rising.
Overall strategy:
Be patient and wait. Despite the factors of the presidential platform of a major power, Mentougou selling pressure still exists.
Without Trump's support, buying funds may be significantly reduced.
With Trump's current support, it is expected to attract more funds to cope with the selling pressure.
It is expected that $BTC will reach the goal of US$100,000 by the end of the year.
It is recommended that holders wait patiently for market opportunities.
No more nonsense #大家牛市加油
