7.9 Macroeconomic Market Analysis

Hello brothers, the market is gradually being washed out amidst Trump's manipulation. Yesterday, Trump continued to criticize Powell for misleading Congress, stating that he should "immediately resign" and that interest rates should be cut immediately.

The tax increase deferral period has been extended to August 1, and the second season of tariff turmoil has begun, but global stock markets appear surprisingly calm, seemingly reflecting expectations in the prices.

A major recent event: different cryptocurrency ETFs will accelerate their listing.

The SEC is considering establishing a fast-track approval framework for ETFs, with a draft possibly announced this month, impacting SOL, Doge, LTC, and related concept coins can be positioned below 10%.

The current market washout progress is 90%. If it weren't for last week's ancient whale's black swan event, BTC might have already reached $110,000. Of course, this is a joke.

Next, we will wait for key countries and U.S. tariffs to be finalized, including Japan, South Korea, India, and China, and the cryptocurrency circle will welcome a new wave of market movement. During this pullback, it is recommended to regularly invest in BTC, as well as SOL, BNB, AAVE, BGB.

This analysis is for reference only; adults should take responsibility for their own decisions. Investing carries risks; please invest with spare money and think independently.