$ETH #以太坊暴涨 June Market Analysis
At present, I think the market is still in the mid-term stage of the bull market. Although there has been no interest rate cut, the continued inflow of ETFs is equivalent to a directional injection of liquidity for Bitcoin. In June and July, Bitcoin and Ethereum are expected to fluctuate upward, and Bitcoin is expected to break through $80,000 in June. However, Bitcoin may experience a sharp decline in the month before the interest rate cut. The reason is that the current US dollar interest rate is high, and international arbitrage funds have entered the market, but before the interest rate cut, these arbitrage funds may flee, resulting in a short-term decline in liquidity.
Market performance of altcoins
For altcoins, due to the stock game of funds, there will not be a situation where 10,000 coins are issued at the same time. The market in June will still be structured, and only a small number of currencies will perform well, which may show a rotation effect. Although meme coins cannot be pulled up to the sky all the time, it is still a good opportunity to intervene after a pullback. Even if it is not the protagonist of the market, the re-up of meme coins after the pullback can easily double.
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