【Today's Analysis】
1. The rebound of altcoins is stronger than before
The main reason is that although the Mentougou incident is a big negative, the main negative is BTC. In comparison, ETH is the vane of altcoins. Yesterday, we analyzed the four major positive factors of ETH. Since ETH is bullish, altcoins are not far behind.
In recent days, the analysis I gave you has not asked you to reduce your positions, which is a very correct decision. If you reduce your positions due to the panic of the Mentougou incident and want to pick up low chips, now you will see that you have eaten sesame seeds and lost watermelons.
2. On-chain situation
Yesterday, through on-chain data, it was found that $479 million worth of BTC flowed into the exchange. It was judged that it was related to the compensation for the Mentougou incident. It is rumored that Mentougou will make compensation in July, which should be stable. The negative impact of BTC is still there, but the size depends on the specific compensation details.
3. How to operate
In terms of operation, we still follow the logic of stability and long-term layout: ETH and ETH ecological currencies (LDO, SSV, UNI, ENS, etc.), as well as BNB.
