Market Analysis

August is the last chance to get on board, as the United States has reached agreements with the European Union and most countries in the world. Therefore, later on, the erratic actions of Trump might lead to him unilaterally tearing up agreements with East Asia. He has done such things before.

The recent trend of Bitcoin shows that there is strong selling pressure above.

Ethereum's trend, however, is quite strong.

Speaking of Bitcoin's position in August, I personally still believe it will reach a low between 10 and 10.8.

It's hard to say about Ethereum; referring to Bitcoin's recent drop, Ethereum pulled back over 3400. So if Bitcoin reaches between 10 and 10.8, it's not impossible for Ethereum to reach 3000.

A big bull market must have a spike beforehand.

Trump has allowed American pensions to enter cryptocurrency.

So at this position, if we don't push down a bit,

Americans won't enter.