People believe that Bitcoin can at least reach the previous high, and altcoins will see a small rebound, a minor peak.
What is the current market situation:
1. Currently, there are not many significant risks in the market. The earliest risk is the expiration of the 90-day tariff negotiation on July 9, but this market has not yet fermented.
2. Nasdaq has reached a new high; if the risk appetite for funds in the Nasdaq risk market is increasing.
3. The domestic A-share Shanghai Composite Index has reached a new high this year. Last week, bank stocks fell (indicating a short-term increase in risk appetite), and there are plans to change the price fluctuation limit of ST stocks from 5% to 10% (indicating a long-term increase in risk appetite).
4. The Israel-Hamas war has come to a halt.
5. Many dovish Federal Reserve officials are frequently speaking out in support of an early rate cut.
In summary, it currently seems that the market only has the negative event of the July 9 tariffs, while other factors are mostly positive.
Moreover, too many altcoins are currently lying low; although most of them are scams, there are also some valuable coins.
Hoping for a small peak to come.