Precise market analysis on July 10!!
Good morning, brothers. I said last night to wait for the data, but I fell asleep😂 Bitcoin broke through its historical high of 1,120,000【Shorts liquidated $340 million in 4 hours】
Last night's Federal Reserve meeting: Neutral. Some officials mentioned considering a rate cut in July, while others suggested patience.
With rate cuts back on the agenda and global political instability increasing, I have analyzed many times before: after the passage of the Big Beautiful Deal, U.S. debt will be sold off, and funds will seek new destinations, some of which will flow into BTC.
Major corporations are accelerating their purchases of BTC, and Congress is getting closer to passing cryptocurrency legislation; the trend is very clear.
As I mentioned yesterday, the next step is to wait for key countries to finalize tariffs with the U.S., then the crypto market will welcome a new round of activity!