According to OnChain data:

$WBTC and $WETH on DEX show no signs of profit-taking after yesterday's sharp market decline (rekt).

• Notably, $WETH is showing signs of sideways movement and absorbing selling pressure, similar to the strong accumulation phase from March to early May.

• Currently, there are still no clear signals of profit-taking for $ETH, and the accumulation trend continues.

• Circle has minted over 550 million $USDC at the beginning of the week, indicating that this amount of stablecoin may gradually be entering the market after the correction.

• At 8:30 PM tonight, the market may be volatile due to:

Non-Farm

In addition: The head-to-head battle between TT Trump & Elon is still uncertain, so we are still in for a tough time 🤦🏻‍♂️

Crypto God of Wealth