Is the bull market back? The performance of the whole month of June was really disappointing. It was either falling or on the way to falling.

The bull market also has a callback cycle, just like the surge in March, which began to fall in April. It started to rise in May, and then continued to fall in June. This kind of decline is a callback. Now July has just begun and has entered the rising cycle. The current price has returned to above 63,000.

There is also an important good news in July. The Ethereum ETF fund is likely to be launched, which has now become a high-probability event. Therefore, the probability of BTC standing on 70,000 again is also very high.

The main strategy in July is still to go long. Of course, the impact of other news cannot be ruled out, such as changes in the situation in the Middle East, or market fluctuations caused by the decline in the US dollar exchange rate.

I am arranging some spot recently. If you want to keep up, you can contact me or deduct 999 in the comment area.

The detailed interpretation is as follows:

Market callback cycle: There will also be callback cycles in the bull market, such as after the surge in March, there was a negative decline in April, then another rise in May, and a callback in June. Such fluctuations are normal market behavior, indicating that the market is digesting the previous gains and preparing for the next rise.

July market: The market has begun to rebound in early July, and the current price has returned to above 63,000. As the possibility of the Ethereum ETF fund going online increases, market expectations have become more positive, and the probability of BTC re-standing on 70,000 is also increasing.

Long strategy: In July, the main direction of the market is still long. Although there are some uncertainties, such as the situation in the Middle East or changes in the US dollar exchange rate, the overall market trend is still bullish.

Actual operation: I have recently arranged some spot and am ready to catch this wave of rising market. If you also want to keep up with this wave of operations, you can contact me, or deduct 999 in the comment area. Let's discuss and share the latest market dynamics and operation strategies together.

Seize this opportunity, adjust the investment strategy in time, and look forward to making good profits in the market in July.