The market sentiment for Bitcoin has shown clear signs of cooling down, indicating that the market is entering a new phase. The introduction of stablecoin legislation once brought a wave of positive impact to the market, driving a sustained rise in sentiment. However, the current market momentum has begun to significantly weaken, reflected in the gradual decline of buying power and the release of short-term profits. The market showing signs of fatigue is a normal market reaction.



In order to keep the market strong, new catalysts are needed. Currently, we are in a period of relative information scarcity. At the same time, important macroeconomic events such as the Federal Reserve's interest rate meeting at the end of July and the deadline for tariff policies on August 1 are approaching. In the face of these uncertainties, market participants tend to reduce their risk exposure to avoid potential uncertainties.

However, we should not be overly pessimistic. If favorable policies or capital benefits emerge in the short term, the market may still continue to rise. Overall, the current bull market trend has not yet ended. Even if a technical correction occurs, this is considered normal market fluctuation, and investors need not panic excessively.

In the current market environment, it is crucial to maintain patience and calmness. Investors should follow market trends and respond flexibly. It is worth noting that market corrections are not always risks; sometimes they can bring new investment opportunities. Wise investors should remain vigilant at all times while also being prepared to seize opportunities.
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OnchainDetectivevip
· 16h ago
On-chain data has long exposed the traces of Large Investors whipsaw, and those who understand, understand.
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GasOptimizervip
· 07-24 12:08
This is just a regular pullback, no need to panic.
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RugResistantvip
· 07-21 20:48
Keep hoarding, don't mind them.
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SmartContractRebelvip
· 07-21 20:31
Thirty thousand is just the beginning.
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GasWhisperervip
· 07-21 20:28
mempool vibes tell me we're just refueling... typical gas patterns suggest accumulation phase tbh
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DataPickledFishvip
· 07-21 20:21
Let the bullets fly for a while longer.
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