Good evening, folks!
Starting today, I'm reading the book "The Underclass Society." The book's author, a Japanese individual, discovered that in Japanese society, the income, education, and living needs gaps are growing larger, pointing out the transition from the "middle-class society" to the "underclass society." The 12 items above are for self-assessment to see if one has become a member of the "underclass society." If more than half of the items apply to you, then you might want to give it a read.
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Bloomberg ETF analyst Eric Balchunas posted on X, stating that he expects the approval of the Ethereum spot ETF to be delayed until after the holiday. It seems that the SEC took extra time this week to respond to major ETF issuers (although only making minor adjustments). According to current information, everything will need to wait until the end of the holiday on July 8th for the approval process to resume, and shortly after that, it will be approved for launch. It is reported that Eric Balchunas previously expected approval as early as July 2nd.
BTC: Looking at the 4-hour chart, the price continues to stay near the midline of the Bollinger Bands, showing a weaker trend.
On the daily chart, the price is still constrained by multiple moving averages, indicating a generally weak short-term market.
In summary, the support level is at 60800, and the resistance level is at 61300.
ETH: Looking at the 4-hour chart, the price continues to stay near the midline of the Bollinger Bands, with the market mainly stabilizing in a range, with support at 3390 and resistance at 3420.
LTC: The price continues to stay above the midline of the Bollinger Bands, showing a stronger trend, with support at 73 and resistance at 76.
BCH: The price continues to stay near the midline of the Bollinger Bands, indicating a weaker short-term market, with support at 370 and resistance at 400.
That's all for now, good night!
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