The probability of interest rate cuts has greatly increased. If there is a rate cut in October, then August and September will be extremely frantic.
According to on-chain data, this wave of market decline has only shaken out the fair-weather investors.
Institutions and whales are still continuously buying, clearly taking the opportunity to stock up at low prices.
It can be said that the direction is basically the same.
This is a game for the brave; those who see it clearly first deserve to come ashore.