"The violent bull market is coming, what should we pay attention to in the market in June?" #BTC #ETH
After several days of sideways trading, Bitcoin pulled up on Monday morning. Now the market rhythm is: Bitcoin sideways, copycats. Bitcoin falls, copycats pull back. Bitcoin rises, copycats generally rise. Copycats have gradually broken away from the rhythm of Bitcoin's control.
Several tracks that need to be paid close attention to:
#RWA : HIFI
#MEME : pepe -bome -wif
#AI : RNDR- AGIX- ARKMD
Rune: DOG- RUNECOIN- LOBO - Coming soon (EPIC)
Several macro news to focus on after June:
1⃣: Non-agricultural data for May is freshly released
2⃣: US presidential election on November 5 (previous presidential elections have skyrocketed!)
3⃣: The Federal Reserve expects to cut interest rates once from September to November this year
4⃣: June to July is the fan coin season, which may drive a wave of the overall market
Technical perspective:
Bitcoin has formed a strong defensive camp at 67,000 on a daily basis, ensuring that the market will not break through to 60,000. The new wave of pull-ups has given Bitcoin enough room for a downward correction, enough for Bitcoin to rebound from the bottom, which is before the bull market comes. It is a relatively good performance, and from the perspective of the time period, since the halving of Bitcoin on April 20, it has broken below 56,000 as a turning point and has been continuously fluctuating upward, preparing for the violent bull market in the second half of the year.