Overview of market information on July 8:

1. Bitcoin market dynamics: After recent fluctuations, Bitcoin prices have shown a correction trend again. Short-term short-term forces are still dominant. Market analysts pointed out that the current short-term momentum has not been fully released, and there may be a possibility of further bottoming in the short term. Investors need to remain cautious and pay close attention to market dynamics.

2. Ethereum trend analysis: Ethereum market performance is also weak, approaching the recent low. The market generally expects that its weak pattern may need to wait for the official launch of ETF (Exchange Traded Fund) before it can usher in a turnaround. The potential impact of ETF is regarded as one of the key factors in changing the trend of Ethereum market.

3. Market capital flow: It is worth noting that recently 11,023 Ethereums have been transferred from anonymous wallets to Coinbase Exchange. This move may cause additional selling pressure on the market. Investors need to be wary of its impact on market liquidity.

4. Token unlocking and liquidity impact: Next week, many tokens including XAI, IMX, APT, etc. will usher in large-scale unlocking. Such events occur frequently, exacerbating the market's concerns that VC (venture capital) projects may withdraw market liquidity after unlocking. Such behavior is seen by some observers as one of the potential factors for the current tight market liquidity.

5. Uniswap technical progress: In the field of DeFi, Uniswap announced that the main development work of its L1 Swap has been successfully completed, and it plans to launch Fractal Swap in September. This news has brought positive expectations for technological innovation to the market and may inject new vitality into the DeFi ecosystem.

6. The impact of macro politics on cryptocurrencies: According to market rumors, former US President Trump may run for re-election and return to the White House. If this political event comes true, it may trigger widespread fluctuations in global financial markets. Some investors predict that cryptocurrencies such as Bitcoin may benefit from it, and their value is expected to increase significantly. However, such predictions need to be considered comprehensively in combination with multiple factors, and investors should maintain rational judgment. #比特币行情 #以太坊ETF通过 #美国6月非农数据高于预期 #德国政府转移比特币 #币安合约锦标赛 $BTC $ETH