The trend has slowed down for five consecutive days, and this round of impact has encountered resistance again; yesterday, Bitcoin attempted to reach a high of 81270, but the rate of adjustment was quite fast, dropping nearly 3000 points directly to 77808, and is currently recovering to around 79000. Ethereum's volatility is even lower, with a high at 2533 and a low at 2412, currently quoted at 2459. Recently, it is evident that the performance of listed cryptocurrencies and unlisted cryptocurrencies shows two different trends. Although both have shown some increase, the increase for listed cryptocurrencies is significantly higher with a lower depth of correction. In contrast, the increase for unlisted cryptocurrencies is not optimistic; coupled with recent actions from the U.S., there are clear signs of clearing out altcoins. Perhaps for a long time, the performance of altcoins will not be outstanding. Briefly explaining the upcoming trend.

Everyone should not hold too high expectations for this year's trends. The data recently released by the U.S. contains obvious loopholes. When it comes to the aspects of interest rate cuts and increases, everyone needs to be more cautious. Old Cui is a firm supporter of the bull market, but not blindly so. Just to clarify one point, earlier, the U.S. repurchased and issued government bonds with an investment of 2 billion U.S. dollars, which did not generate much impact. The repurchase party should have been the Federal Reserve, but the role has shifted to the U.S. government, which is not a positive message. Since Trump took office, national debt has surged from 2.8 billion to 4 billion in just a few years, which can explain many issues. It is no longer a contest between interest rate cuts and increases, but rather who will take over the national debt? The 2 billion investment is just a drop in the ocean, yet the return can still be maintained above 5%, which indicates no one is willing to take over. The low number of buyers results in such high yields. With debt increasing, how will the interest be repaid? The focus of the U.S. will definitely revolve around interest rate cuts and increases in the near future, and the cryptocurrency circle will not pay too much attention.

Old Cui summarizes: Yesterday, the July data was just released, the PCE inflation exceeded expectations, and the probability of interest rate hikes surged; everyone need not panic too much, as September is likely to maintain a consistent strategy. This data will affect the interest rate meeting in October more, but as long as the no rate cut policy is maintained this year, the cryptocurrency market will still face a collapse. A brief note on the short-term market: as long as Bitcoin cannot stabilize at the 80,000 mark in the near term, this round of impact will also enter the closing stage. Users holding positions can consider unwinding in the near future. The depth of the correction will likely be at least around 70,000 or even lower. The core point to watch for is that platform X has announced plans to allow users to purchase Bitcoin; if this can be achieved in the short term or if some legitimate licenses are issued later, it may lead to an increase of about 5000 to 10,000 points (basically unlikely to be realized in the short term, and is more likely to sync with next year's clear legislative proposals). Don’t hold expectations too high for the clear legislative proposals; the competition will continue.

Original content created by the public account: On-chain Science. For assistance, please contact directly.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。