The current trend of the crypto market is not perfect. It seems that the Trump effect is gradually fading, and Harris's popularity seems to be rising. Looking back at the crypto market in July, the German government's sale of Bitcoin first caused a market crash, but later it was discovered that these were all blunders. The German government's sales were all conducted off-market. The subsequent Mentougou black swan event continued to ferment until Bitcoin fell to 53,269 US dollars on July 5 and stabilized. With Trump's ear being pierced by a bullet on July 13, the Trump effect began to ferment, and Trump made a lot of promises at the Bitcoin Conference, Bitcoin broke through the long-lost 70,000 US dollars in one fell swoop.
Mt appeared again on the news. Gox transferred out 0.02 bitcoins for testing, and the U.S. government transferred out $2 billion in bitcoins, causing bitcoin to fall to a low of $65,300. The long and short explosions in the contract market continued to occur. However, with the convening of the Federal Reserve's interest rate meeting, the Federal Reserve is about to announce the interest rate and Powell's speech, people's expectations for a rate cut in September have increased significantly, so the current pullback is also a preparation for the pull-up in August. The crypto market is a news market, and opportunities are reserved for those who are prepared. KP92877 is held, and the current pullback is a good time to selectively build a position.