Why is it that when the data is good, everyone knows that interest rates will be cut, but why does Bitcoin still look weak and not pull up?
Since everyone knows, many people will open high leverage to go long as soon as the news comes out. So Bitcoin will have a needle when the data comes out. Since everyone is increasing leverage to go long, the exchange is not stupid. So many people open positions and will definitely crash the market. Otherwise, they will lose money. It is never the spot that is killed. If you don't move the spot, no one can take it from you.
August is still dominated by the monkey market, jumping up and down. The main rising wave will be seen next month. Holding the spot is better than anything else.
