What stage is the 7.23 market in? 1. The market bottomed out in despair, rose in hesitation, and peaked in madness; At present, it is still in the second stage of hesitation and rising. Short sellers have been trying to reach the top but have failed, and they have started to wait and see. Short sellers have been waiting for a pullback, while long sellers are afraid of a pullback and dare not take long positions 2. This market trend will continue until at least mid August, with BTC/ETH/XRP/SOL large cap coins taking turns in succession