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Data Summary
1. The currency continues to be over-issued.
2. Stablecoin issuance on-chain
3. U.S. stocks hit new highs, and sentiment remains exuberant.
4. Supplement leverage ratio to release long-term funds
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In summary, Bitcoin should break new highs, but there is significant selling pressure at the resistance level of 112,000.
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According to currency theory, Bitcoin is expected to reach a short-term peak this week.
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So, if the US stock market does not break the previous high tonight, it will continue to rise.
Currently, Nasdaq futures are up 0.37%, supporting Bitcoin to continue rising.
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We hold a large position in spot trading, and we can sell everything after a big surge in altcoins.
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Currently maintaining the main downtrend for 3 weeks starting next week in July (.
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The market is exactly as expected; I won't be live streaming in the morning.
Continue to wait for the rise and execute the sell operation.
Contract, nearing a price change, according to the subscription course, get in quickly and exit quickly.
107000-109500 This range! ) #Kevin Lee入驻Gate广场# #香港数字资产政策2.0发布#