Bitcoin at 100,000 USD is just the beginning! An interpretation of nine core data points signaling the outbreak of a Bitcoin bull market around September.
In the past few days, Bitcoin's surge has broken through the 110,000 USD mark, and many people have come to ask me how to view the market? Is the bull market about to come again? Currently, with Bitcoin in a sideways consolidation and interest rate policies yet to be implemented, it is difficult for large funds to initiate a major market trend. Next, I will comprehensively interpret nine core data dimensions: changes in ETF holdings, capital flow in centralized exchanges, CME leverage positioning, key clearing levels, dynamics of big funds like SPAC and Tether, and review the historical market trends of July and August to anticipate potential interest rate cut turning points and major market outbreak windows in September. Let's understand the most authentic market through data! Learn to interpret the results of money voting, not just verbal opinions! Follow me for the next article.