[Flower][Flower][Flower]重点关注市场消息[Flower][Flower][Flower]

The Mt.Gox trustee in Mentougou District said that the recovery plan is now ready and will begin to repay BTC and BCH, expected to start in early July. After continuous decline, BTC has fallen again and is currently at a low point of around 60500. This news is a major negative for the current market. If the repayment is made as scheduled in July, the price of BTC will continue to be under pressure. The Mt.Gox trustee in Mentougou District holds 141,686 BTC, worth about $9.2 billion.
On the daily chart, there is a significant volume decline, and the downward trend in the market is still apparent. At the moment, we can only hope for support at the 60,000 level. If it falls further, the support level will be around 56,000, which is also crucial and will determine the ultimate depth of the retracement.
Next, the market expectation in the crypto world is only the ETH ETF on July 5th. Neither the BTC Spot ETF nor the ETH Spot ETF can form a substantial positive impact on the funding side. The biggest hope is still the overflow of funds into the crypto world caused by the Fed's interest rate cut, but this requires time, at least until around September.
For the brothers who are doing spot trading, the next two months may be a bit difficult, but there is no need to be too pessimistic. The market always goes up and down. I have confidence in the bull market in the second half of this year or next year. The strategy for the next step is to mainly buy the dips in spot trading. Considering that the market is in a retracement period, and from the perspective of prices, many old coins and altcoins have experienced a 50% slump, and there is not much room for further decline. It's time to catch the bottom when the signal to stop falling comes out.
Brothers, please be patient. Currently, we only allow everyone to have a position of about 50%, and we also require stop loss for spot positions. The relative loss for spot positions is not too big, unlike most bloggers who blindly go long. We will wait for a signal of the market bottoming out, and then we will increase the position for everyone. The market will definitely give opportunities to those who are prepared.