7.1 Macroeconomic Market Analysis

Good morning, brothers. BTC is consolidating, but mainstream coins like BNB and SOL are starting to lose momentum!

Yesterday, the U.S. Treasury Secretary said that stablecoin legislation could be completed by mid-July. If this regulation passes, it will benefit DeFi tokens like Uni, MKR, and AAVE.

At the same time, Trump continues to criticize Powell, stating that “Mr. Too Late,” Powell, and the entire Federal Reserve board should be ashamed for not lowering interest rates. The change in leadership at the Fed is on the agenda, and in the best-case scenario, there should be three rate cuts this year. If that happens, the market still has potential, and BTC breaking $150,000 shouldn't be a problem. Trump's son's company has started raising $220 million to develop Bitcoin mining operations. Now they are not just spending money to buy coins, but intend to start mining, which indicates a long-term bullish outlook for BTC. We can follow the Trump family, as they have insider information.

Recently, there is also a major event: the U.S. is about to pass the “Too Big to Fail” Act, which will lead to a $5 trillion increase in government deficits. Musk has said that if the “Too Big to Fail” Act passes, a new political party will be established in the U.S. the following day. This will have profound implications for us in the crypto space. The bill is likely to pass, significantly reducing the credibility of the U.S., and foreign capital has begun to reduce its holdings of U.S. debt as a structural trend. After the outflow of funds from the dollar and U.S. debt, part of it will flow into Asian stock markets, part into gold, and some will flow into BTC, strengthening BTC’s position as a replacement for the dollar.

From on-chain data, Coinbase continues to see outflows of BTC. Since May, over 100,000 BTC have flowed out from all exchanges, which is a bit alarming. Large whales continue to accumulate, and we need to wait for the non-farm payroll data this Thursday. Only after the details of Trump’s tariff negotiations are released will there be a truly significant market movement. For now, we remain patient and wait for a market reversal.

This analysis is for reference only; adults should be responsible for their own decisions.

Investment carries risks; please invest with spare money and think independently.