7.23 Market Analysis. What cryptocurrencies can we hold now?
In the current market, we still need to understand the king's stance on tariffs. News came in yesterday. The U.S. and Japan have reached a trade agreement. Japan pays the U.S. a protection fee of 550 billion dollars and imposes a 15% tariff on Japanese imported goods.
At the same time, the Philippines and Indonesia have reached agreements with the U.S. allowing the U.S. to impose a 19% tariff on goods imported from these two countries, while goods exported from the U.S. to these two countries are exempt from taxes.
However, in the long run, the U.S. economy will decline and will also lose the trust of allies. Overall, we still emphasize the main theme: U.S. Treasury bonds are no longer attractive, large funds are flowing into Asia and the cryptocurrency market, which is a long-term positive for cryptocurrencies.
In this market, I recommend everyone to consider holding SOL, BNB, DOGE. If there is a sharp increase, you can take profits in batches; don’t hesitate to sell!
You can continue to hold until there is a significant surge! In the cryptocurrency world, if you don’t have a good circle and don’t have first-hand information, I suggest you follow me, I will guide you to safety, welcome to join the team!!!
