🚀🚀🚀6.1 Market Analysis!!!
Brothers, good weekend! Recently,
#大饼 has seen some pullback,
Is a bear market coming, or is it nurturing a rebound? Brother K will analyze it for everyone.
The recent pullback is still due to the harsh macro environment:
1. Unfavorable progress in trade negotiations
2. Repeated judicial rulings on tariffs from Trump, legal battles taking a long time, seeking other ways to impose tariffs
3. Unclear expectations for interest rate cuts from the Federal Reserve, Powell has repeatedly emphasized that there is no rush to cut rates
The two major forces currently affecting the cryptocurrency market,
Both stem from Trump, one positive and one negative.
On the positive side: support for cryptocurrencies, introducing various policies for protection
On the negative side: aggressive tariffs, leading to soaring prices, the Federal Reserve not cutting rates
The market keeps fluctuating around these two major factors
But upon careful analysis,
We find that positive factors outweigh negative factors.
First, the policies are aggressive and strong,
The United States has passed the stablecoin bill, and outside the federal level,
Various states have started to include BTC in their strategic reserves.
Tariffs have raised prices, leading to a decline in U.S. stocks,
The credibility of U.S. assets has been damaged, and U.S. bond yields have increased.
But over time, there will be less capital willing to buy U.S. bonds.
Some of the capital withdrawn will buy gold, and some will flow into BTC.
So, despite the recent pullback,
On-chain data shows that the inflow of BTC into exchanges is not large,
Indicating signs of not being able to sell.
Until the Federal Reserve cuts rates, altcoins will not have good opportunities.
Currently, the BTC pullback is healthy (30-day moving average), so there is no need to worry too much.
Brother K suggests everyone to patiently hold BTC mainly, and consider dollar-cost averaging.
In the past few days, Brother K suggests everyone to trade some strong altcoins on a short-term basis, and wait for the market to develop before trading mainstream coins. Take the opportunity to rest well during the holiday and spend time with family. Finally, wishing everyone a Happy Dragon Boat Festival!!!
$ZEN $ACA $TUT #加密市场回调