We are currently experiencing the last big wash before the big bull market. Although the market is volatile, the overall price is still acceptable. This period really tests people's patience.
Throughout June, miners sold about $2 billion of Bitcoin, while US stock ETFs lost $600 million in liquidity. In addition, a large number of low-quality currencies have been added to Binance, further reducing market liquidity.
But it is gratifying that the inflation situation in the United States meets the conditions for interest rate cuts. The key lies in the official announcement in the second half of the year.
Once this round of wash is over, we can look forward to the arrival of a big bull market! Please stay calm and look forward to a better future together!
