Yesterday, Bitcoin flashed down to around 62,000 and quickly rebounded to above 65,000. It is still not recommended to operate contracts in the near future. The bottom of the contract remains to be observed. If you have money, buy some spot. If it falls, add more. MicroStrategy is also planning to raise $2 billion to buy more Bitcoin, so don’t worry about the price of the currency. It is still bullish in August. It is hard to say whether it will return to the position in the short term;
As for Ethereum, the current ETF selling pressure is very small, so it is very easy to strengthen in the future. I expect that in the next month, there will definitely be institutions that will apply for ETFs with pledge functions. If this narrative also comes, then the price will definitely be hyped up. So in the medium and long term, I think ETH still has a lot of room;
As for $sol, there were more callbacks last night, and the sol/BTC exchange rate fell sharply for 3 consecutive days. Last night, a mysterious person came out and said that FTX secretly held 8% of the sol supply. This is definitely bad news. In addition, there are now listed companies that have publicly increased their holdings of sol. It seems that major ETF institutions will soon evaluate customers' interest in sol. Sol ETF The application should have a response within a few months. I personally think that no matter how many complaints there are in SOL’s history, it has become a fact that it is the first application public chain, so I am still optimistic about it in the long run.