The market goes up a little, and then you see the phrases #altcoin season is coming 😂 it's really ridiculous 😅 Let's analyze a bit:
1. The liquidity of the entire cryptocurrency market is the lowest in over 12 months. The money flow has completely disappeared 😖
2. Stablecoins are reaching ATH, proving that there are many gamblers waiting for a strong market correction.
3. $BTC has been sideways in a narrow range, making the overall market look very dismal.
4. $ETH is becoming a stablecoin as it cannot push above MA200 1W. Personally, I think although MM is making a lot of effort to push prices, with the gloomy situation on-chain, inflation makes it quite difficult to push prices because the current cash flow is limited 😅 and where did the greed go 👌
5. Gamblers are spreading rumors to each other that there will be a strong pump at the end of the year, but you guys forget that it’s already July. I wonder if there are any idiots out there who are STUPID ENOUGH to push the market up to the right cycle and then hold a bunch of SHIT from the dumping of the gamblers. According to you guys, is there? 😂
6. Tokenization of assets is being talked about a lot, but I advise you to limit playing at this time because StockX (the company issuing tokenized stocks) has not been verified and no one knows where it comes from. From Singapore, it's a total mess 😅
Conclusion: Weak cash flow, no one is playing with leverage, so I personally see no chance of a loud increase in this sensitive period because it’s almost the end of the year. Anyone who is determined to be stuck in the market should just determine it for another 5 or 10 years 💥💥💥