Leanne Atay rqJs

▪️ The crypto market is overheated — the base scenario is a local correction, with recovery expected in August or even later in the fall.
▪️ Long-term holders are selling BTC at record pace. The LTH/STH supply ratio has dropped by 11% over the past 30 days.
🪬 Holder sell-offs are typical in a bull market as long as demand holds up
*To avoid overloading your deposit, I’m not issuing a second trade just yet. Let’s wait and see how the current setups and news play out.*
$BTC

Today is D-day a key moment that could shape the market’s direction for weeks ahead. We’re getting several major reports all in one day:
> ⚪️ US GDP data the goal is to confirm that the economy is stable and not in a recession. That would boost market confidence.
> ⚪️ Federal Reserve rate decision the market expects no change, but what really matters is Powell’s tone at the press conference. Any hint at a September rate cut could trigger upside momentum.
> ⚪️ The U.S. government’s crypto report according to early leaks, the focus will be on regulation. That’s a positive sign: it means they’re building a framework, not crushing the industry.
📰 Meanwhile:
— SEC accepted BlackRock’s ETH ETF staking application
— Redemption in kind approved for BTC and ETH ETFs
🪬 Historically, August and September are the worst months for Bitcoin. But if today confirms strength, crypto could gain real traction. And if there’s a dip even better, it’s a buying opportunity. Stay sharp the market’s next move may be decided today.
$BTC