📌This week $BTC there was a complete net outflow of spot ETFs, with an outflow of US$358 million yesterday
🤔 BTC exceeded $65,000 last night. Is it tempting to bully? What is the future trend? What kind of wealth can be ambushed? This analysis will reveal it to you.
From the data on the chain
There was no inflow of BTC stocks on the exchange this week, but an outflow. This shows that there are still people hoarding goods, and the super large investors are not in a hurry to sell BTC, which is good news!
tips
The holder withdraws his BTC from the exchange and deposits it into his own wallet. This is a signal that the holder is trying to reduce transactions on the exchange and intends to store it for a long time. This is a sign that the holder is optimistic about long-term development. Is a good signal
From the perspective of K-line indicators
BTC fell by 8% on Tuesday, the 19th, but surged by 9% on Wednesday, the 20th, which shows that the market has strong support. Good news!
There was an outflow of ETH on Monday, a sharp drop on Tuesday, and a strong rebound on Wednesday. With the serious net outflow of ETH, BTC was not affected much. Then next week ETH will return, and it is foreseeable that BTC will have an upward trend.
From a macroeconomic perspective
The Federal Reserve has cut interest rates three times this year, and the loosening of financial conditions is conducive to the inflow of funds into the investment market. Good news!
tips
The purpose of cutting interest rates is to allow funds to flow into most markets, achieve a better balance between inflation and employment, curb the growth of unemployment, and strive to reduce inflation.
🛃 The Federal Reserve continues to hint that it will cut interest rates three times this year and will experience one rate cut in June, which is good news! In addition, you need to pay attention to the events related to it
Next Monday, next Thursday, next Friday, relevant Federal Reserve officials will give speeches, be careful of their impact on the market.
Next Friday at 8:30 pm, the United States will release PCE data. If the data exceeds expectations, it will be negative.
Therefore, from three dimensions, BTC is still bullish
⚠️Buy valuable items, just wait patiently for receipt of the goods, follow the general trend, and avoid chasing ups and downs when investing.
The coins that can continue to be controlled are: BTC, ETH, AR, CHR
🔰Project analysis:
AR: Launched the decentralized parallel computing layer AO of the permanent storage network. The AO computer is a parallel world computer with strong expansion capabilities, operational capabilities, and compatibility.
CHR: Potential public chain, low market value, mainnet is about to be launched
Regardless of whether they end up short, making money or losing money, I still suggest that short-term traders can calm down and play spot. Next, the market is extremely unstable. I bought the following spot.
It is strongly recommended that friends who want to stud 100u to reach 1w u in Niumo buy the following recommendations from my research💯 double coins👇👇👇
✧ $IN BAD
▪ With a market capitalization of 100 million, BTC Layer2 is the conceptual leader, and what it does is bridge BRC and ERC (this is also one of the projects disclosed in the report I want to write next week)
▪ Niu Mo’s expectation: Market value is 10-30 billion, which is 100-300 times return
✧ $PPT
▪ The market value is 2 million, the leader of SocialFi. The project team has been working hard and takes great care of marketing and technology. Although the app page is not better than social platforms such as Twitter and FB, you can earn coins by reading the news.
▪ @popapp_official Twitter account has gained 270,000 followers, and the APP downloads exceed 100,000. It should not only have a valuation of 1 million. In the bull market, I bet socialfi is also a take-off track, and there are relatively few projects to see in this track.
▪ Bull market expectations: market value of 500 million to 2 billion, that is, 100 times to 400 times returns (because of the unlocked amount, it is probably not 100 times, and mubi has been fully circulated)
Warm reminder: It is better to DYOR (Do Your Own Research) before considering whether to buy it. There is a PPT introduction to this project in my Twitter Highlights. You can take a look. If you buy it, please remember to follow me. Conveniently track the first news and Niu Mo’s exit point! !
