BitEagle 🦅8.15 Accurate Market Analysis @Everyone
Good morning, brothers. Last night, the CPI was released and then fell.
The reason is that rents are rising at an accelerated rate, indicating that inflation is still a bit high, and the market is a bit disappointed.
In addition, Iran's banking system suffered a large-scale cyber attack, and Lebanon continued to bombard Israel.
At present, it is short-term short and long-term long.
Mentougou released $2 billion worth of BTC the day before yesterday, which needs to be digested for at least two weeks.
In addition, it is unknown whether Iran will take action, and the whole world is waiting.
Judging from the on-chain data, stablecoins continue to flow in, and the bottom-fishing power is strong.
Yesterday, an institution, Marathon Digital Holdings, just bought 4,144 bitcoins for $249 million and currently holds more than 25,000 bitcoins.
If it has fallen recently, don't panic, hold the value currency, and don't be scared away.
Don't chase the rise even if it rises, because it takes a certain amount of time to digest the negative news.
Holding is victory!
The market may recover in late August-early September and begin to reverse the trend.
Some high-quality coins: STX, FTM, CHR, ZK, AR
Some coins to avoid: SUI, Arb, Wld, Strk, Apt, Sand, XAI, ENA$BTC $ETH $BNB #美国CPI数据连续第4个月回落 #美国7月PPI低于预期