The FTX claims portal has been relaunched, providing FTX, FTXUS, Blockfolio, FTXEU, FTX Japan and Liquid users with access to account information, historical transaction inquiries, and electronic proof of claims submission. It is reported that the deadline for customers to file claims has been set at 4 pm (EST) on September 29, 2023, and claims must be submitted before the deadline. FTX has now recovered almost all of its money, but it will definitely take a long time for users to get their money back. Just look at the Mt. Gox exchange. After so many years, it is still very nice to have hope of getting their assets back.

About 9,800 bitcoins associated with the Silk Road have been moved in two unconfirmed transactions, the largest transfer of funds associated with the now-shuttered dark web marketplace in months. Of those, 8,200 bitcoins are being moved to new wallets, while the rest are being moved to other wallets.

The U.S. CPI rose 3% year-on-year in June, in line with the estimate of 3.1% and the previous value of 4.0%; the CPI rose 0.2% month-on-month in June, in line with the estimate of 0.3% and the previous value of 0.1%.

The CPI data is positive, but the market has not risen sharply. Why has it not risen sharply? Hua Ge believes that it is mainly related to the transfer of Bitcoin on the Silk Road that was seized. It should be that the US government wants to sell coins for money, but the impact of 9,800 Bitcoins on the market will not be too great, and it will not cause too much selling pressure. After the market digests it, it is likely to become strong. Litecoin still has 20 days of production reduction. CPI is positive, and there are conditions for a wave of highs in July!

BTC：

Yesterday's CPI data was positive, but Bitcoin did not rise much. Instead, it pulled back. Hua Ge believes that it may be related to the seized Silk Road Bitcoin transfers, which may have caused market panic and a certain amount of selling pressure. Hua Ge believes that less than 10,000 Bitcoins will not have much impact. At present, Bitcoin as a whole is still fluctuating between 29,500 and 31,500. If it does not break 29,500, you can boldly buy low and hold it. There will be another wave of peaking.

eth:

Ethereum rose again and then fell back. The short-term bullish force is not firm, so the operation is relatively simple. Refer to the structural low of 1815 and buy low and hold. If it falls below, stop loss.

BCH：

Whenever BCH has a big rebound, there will be a decline. A big rebound is an opportunity to go high and also an opportunity to lighten positions. Don't touch the short-term if you haven't got on the train. The risk at this position is greater than the opportunity.

ARB：

ARB mainly depends on the performance of Bitcoin and Ethereum. There is no possibility of independent market trends. It is recommended to wait and see for the time being.

LTC:

LTC went down and then popped up, which shows that there are bulls protecting the market from below. There are still 20 days before the halving. This position is likely to be a starting point for an increase. It is recommended to continue holding the currency.

ETC：

ETC also depends on the performance of the overall market. As long as Bitcoin stabilizes, ETC will not be too bad. There is a high probability that there will be another wave of Doomsday Chariot. It is recommended to hold the currency and wait and see.

Platform Coin:

BGB's IEO did not rise much this time and has been adjusting below the platform pressure. It is recommended to wait and see in the short term.

Wealth Code:

The mtl trend is good, with a stop loss of 1.33 and a take profit of more than 20 points.

The above analysis is for reference only and does not constitute investment advice!