[Update on July 1st]

The overall market trend is basically consistent with the expectations of the previous analysis. On the first day of July, there was a good rebound. At the same time, there will still be an impulse to hit 65,000-66,000 before the 6th. There may be some small pullbacks in the middle. As long as the retracement does not break 62,500. Then it is a high probability event to hit 65,000.

This month as a whole may still be mainly around 60,000-70,000 for wide fluctuations. (Wait for two days to observe and give the approximate time node of the possible pullback this month), it is still not recommended for partners to take full positions.

Throughout history, the overall performance of the market in July is good. The haze has passed most of the time, and the future is still promising. Starting from this July, I hope all the good things will come like "July"!

This week's focus is still on Ethereum ETF and Mentougou's handling of the incident. #Mt.Gox将启动偿还计划 #BTC走势预测

The current situation is that there is insufficient funds in the market, and some funds have been withdrawn. About 20% of the funds have gone out to gamble. In addition, the information released by the Federal Reserve is to cut interest rates once. This kind of bad news needs time to digest. The market will not pull up, and it will be up and down. It will not really fall, but it will not break through! In this kind of market, except for some favorable sector currencies, such as Ethereum, which is hyped because Ethereum ETF S1S3 passed in advance, EN SSV PENDLE LDO is relatively strong, and others are relatively weak! First, if the market does not pull up, other currencies cannot pull up, because if they pull up, they may be dragged down, and the funds will be wasted! Second, take the opportunity to wash the market and wash out the unsteady people, so that it will be easier to pull the market later! #山寨季何时到来？ #以太坊ETF的批准预期

Bitcoin fluctuated around 65,000 today and temporarily held up, so some altcoins rebounded, and Ethereum was relatively stronger.

Recently, the outflow of ETF funds was quite obvious, and it was almost a net outflow for 5 consecutive days.

Recently, the stock of Bitcoin on Binance has dropped sharply for the first time in half a month, and 5,000 Bitcoins have flowed out. However, there has been no obvious increase in funds on the market, and the bottom-fishing power is not very strong.

The PMI data released at 9:45 tonight

Although this data is not particularly important.
But for the current relatively weak market, it will still have a little impact. If it is higher than expected, it may fall further. Otherwise, it will continue to rebound.

The current market is expected to be good for the bottom-fishing ETH ecosystem!

If the short-term rebound is strong, Bitcoin will stabilize at 65,500-66,000 and will test around 67,500-68,000. Once it continues to be suppressed, it will come down. #以太坊ETF的批准预期 #区块链超话

BTC is about to break upward
1. Market:
BTC is currently above the 1H level, all bulls, and it has skyrocketed. You can't imagine that BTC has been sideways since March 14, and it has been sideways for almost 80 days. The market is about to change, and the direction is upward. This wave should break through to more than 80,000 in one fell swoop.
ETH is weaker than BTC, but if BTC pulls up, ETH's increase should also be synchronized. Among BTC, SOL, and ETH, if any two of the three targets pull up first, then the other target will arrive later.
SOL is currently stronger than ETH. If you choose two out of three, it is recommended to do BTC and SOL. Then do ETH's rebound, or all three.
Support and suppression:
BTC: current price 71000, upper suppression 73856/80000, lower support: 70000/68600 ETH: current price 3800, upper suppression 4000/4096/4200, lower support: 3700 SOL: current price 173, upper suppression 189/210, lower support: 172/169
Second, cottage aspect:
First, MEME sector, NOT, PEPE, PEOPLE enter the callback period, FLOKI, SHIB, BONK, WIF may enter the outbreak period, the strongest is FLOKI, SHIB is short of a big positive line. PEOPLE has not finished, wait for the adjustment to be completed, and continue to get on board PEOPLE.
Second, the inscription rune sector, the inscription ORDI, ORDI subjectively judges that the upper locked plate is heavy, but the upward trend has come out, still respect, you can find the support level to enter, the rune DOG, in the gate exchange, has been pulled for many days in a row.
Third, strong market coin, CEL, CEL is going crazy again.
3. Operation and position
In the mainstream, go long on BTC and SOL.
In the cottage, look for opportunities to get on board ORDI, CEL can be shorted, and wait for PEOPLE and NOT to pull back in place. #山寨季何时到来？ #bnb历史新高 #5月非农数据即将公布 #比特币符文总市值创新高

ETH
Ether was late to realize the situation and started to make up for the rise. In the short term, the 3830-3850 range has completed the breakthrough test. If it can stabilize, it will most likely lead to altcoins to make up for the rise.
Focus on the Ethereum ecosystem: ETHFI ENA SSV

Daily news (selected)

[Policy news]

1. The probability of the Fed cutting interest rates in June is 1.3% (interest rate decision time: 2:00 am on June 13)

2. South Korea's new law requires crypto deposits to pay interest

3. Turkey considers imposing capital gains tax on stocks and crypto assets

4. The Thai Securities Commission approved the first local Bitcoin spot ETF

[Macro news]

1. Wednesday: 20:15 US ADP employment in May. 21:45 US S&P Global Services PMI final value in May.

2. The number of job vacancies in the United States fell to the lowest level in three years in April; factory orders grew for the third consecutive month; expectations for rate cuts rose, and US Treasury bonds closed down 3BP.

3. It is reported that Hamas leaders have expressed their unwillingness to accept new Gaza ceasefire agreement proposals.

4. ChatGPT crashed again in the early morning and seems to have not yet recovered from the previous "major failure". Musk's Starship aims to conduct a fourth test flight tomorrow night.

[Coin circle news]

1. The US Bitcoin spot ETF had a net inflow of US$887 million yesterday. The total market value of holdings on nine US spot Bitcoin ETFs exceeded US$60 billion, setting a record high.
2. Global Web3 financing totaled US$917 million in May, and Farcaster was valued at US$1 billion
3. BlackRock and Citadel Securities plan to launch a new national stock exchange in Texas
4. Qatar's sovereign wealth fund has agreed to purchase a 10% stake in China Asset Management
5. Uniswap issued a statement saying it is ready for a super event, and UNI rose more than 20% during the day.
6. FTX: Plans to pay more than US$200 million in taxes to the IRS, not US$24 billion
7. Fidelity: Bitcoin has entered a more mature adoption stage, and it is recommended to allocate less assets to Bitcoin.
8. El Salvador currently owns 5,770 bitcoins, with a value of more than US$400 million

In early June, the European Central Bank and the Bank of Canada may take the lead in launching a rate cut cycle. The Bank of Canada's interest rate meeting is on June 5, and the European Central Bank's interest rate meeting is on June 6.
U.S. data showed that the number of JOLTs vacancies in the United States in April was 8.059 million, falling to the lowest level in more than three years, consistent with the trend of a slowing labor market. After the data was released, the Federal Reserve's interest rate swaps showed that the Federal Reserve's pace of rate cuts in 2024 will accelerate. CKB STX ordi

Buffett's Berkshire Hathaway has lost 3,300 times its value [awkward]
From $620,000 per share, it has fallen to $185 per share. The US stock market has collapsed, and I hope that all funds can enter the cryptocurrency circle for risk aversion! #BTC走势分析

BTC
Changed to V
The selling pressure around 69,000 has been released in the short term. If it can stand firm, it will most likely test the previous high again
Wyckoff's coffin has been opened.
Can the small gap be buried again this time?
The BTC ecosystem is open!

Pay attention to W AXL ENA AEVO, the chain oil starts immediately, suitable for: xai pixel ygg#区块链超话 #链油 #币安新币矿池

In June, Ethereum is likely to break through the previous high and reach the historical high. After breaking through the previous high, Ethereum ETF will fall back and continue to speculate. You can see it by referring to the trend of Bitcoin ETF. I have said before that the approval of Ethereum ETF means that a large number of institutions will help everyone to take over. Therefore, there are also recent news that many whales have withdrawn Ethereum from the exchange. They have no intention of selling in the short term. They are waiting for Ethereum to reach a higher position before choosing to sell!

So, at present, there is nothing to worry about. All you need to do is to lay out quietly! There is actually no need to say more about the Ethereum series. Don’t wait for it to rise before chasing the rise, but lay out in advance! When it rises, it is time to take profits one after another!

Ethereum’s first choice: ena ethfi ssv, what price to buy? The position of Ethereum 3300-3500 is for reference! #以太坊ETF通过 #六月山寨季

The magic box is about to be opened, and I will give you a password wif on the first day. Build positions in batches from 2.12 to 2.5 to 3.16, with a target of 4.8! People's election coin builds positions around 0.1, with a target of 0.6-0.8!

Pay attention to the rune wolfdog brothers. The first choice of Dragon One Rule is the dog rune. It is expected to be listed on Binance! The opening point is 0.002-0.003, which is another triple #区块链[超话]##加密# ​​​