$BTC $ETH

Hello everyone, today is July 25th. After the Ethereum ETF was passed today, the market did not have an ideal increase, but fell instead. Why is this?

1. The good news has turned into bad news

When Bitcoin passed the ETF in January, it began to pull back after a short wave of pull-ups. This situation is often caused by the arrival of good news, which caused a phenomenon of good news being exhausted and bad news turning into bad news.

2. Mentougou began to pay compensation

Recently, a large amount of Bitcoin has been withdrawn from Mentougou wallets to exchanges. Previously, the price of these users' positions was several hundred US dollars. After a lapse of ten years, it is also very normal to cash out at this price.

After such news comes out, it is a long-term positive for the future, so short-term declines are normal, don't panic.

Good news this week

1. The Bitcoin Conference will be held from July 25 to July 27, and Trump, the crypto president, will attend the meeting.

2. The probability of a rate cut in September has increased from 70% half a month ago to 93% now.