Yesterday, XRP won the lawsuit and brought the entire currency circle up.

Niu Hui had a day of partying and was smashed to 30,000 yuan in the early morning.

Why did the currency circle suddenly plummet?

What causes this?

Will the ETF application be successful?

Next, I will reveal to you the secrets behind the sharp rise and fall of the market!

At the end of the article, there are 3 upcoming good news!

#01

Why did BTC suddenly experience a deep correction?

The market had a major correction in the early hours of last night. In the morning, we asked everyone in the group not to chase the rise, sell high and buy low, and they were all hits.

The reason has actually been reflected in the data and was posted to the group yesterday morning:

On-chain data shows that there are too many BTC flowing into the exchange, and the giant whale takes the opportunity to take profits and make short profits.

At present, we can see from various data that inflation has actually dropped.

Cooling US inflation is accelerating the dollar's depreciation, and global risk assets will benefit from this.​

Therefore, U.S. stocks have continued to rise recently, but the more they rise, the greater the risk.

If inflation data rebounds later, the market will be fragile and prone to black swans.

Looking at it from another perspective, the high level of U.S. stocks is also our cost of buying coins.

#02

Has the ETF application really been approved?

Exclusive reveal!

Yesterday, all the major media were talking about ETFs, making all kinds of nonsense, to the effect of misleading everyone into believing that the ETF application had been approved.

In fact, the ETF just submitted an application and the SEC accepted the application.

Why do so many media outlets publish specious and false news?

It cannot be ruled out that Gouzhuang secretly spent money to operate behind the scenes in order to generate multiple orders.

At present, the long orders have almost exploded, and the risk has been greatly relieved.

On-chain data BTC has been outflowing recently. Brothers who previously sold high and took profits can now take back BTC and ETH.

Earnings reports will dominate the U.S. economic calendar next week, with 60 companies in the S&P 500 reporting.

The U.S. stock market has been rising for half a year, which is currently the biggest risk. If a correction occurs, the currency circle will also be trampled.

#03

Can I buy BTC at the bottom now?

Let’s take a look at today’s on-chain data

(1) BTC showed a small flow out of the exchange

(2) Stable coins flow out of exchanges slightly

Therefore, the current price is suitable for fixed investment.

The position is 50%, and 30% is allocated to BTC and ETH. It is difficult for copycats to hold 20% of the position.

Fixed investment in BTC and ETH. If there is a sudden surge like yesterday, you can sell high and buy low, or short the surge and copycats to make a profit.

#04

3 good passwords revealed

There are three projects that will attract good news in the near future. Can you get on board now? Let’s analyze it together.

AIBB-NiuBear AI Software MEME Project

Project Introduction:

Projects that use artificial intelligence to predict bull and bear markets through user behavior and price A burned 97% of tokens.

Market cap: $18 million

Twitter: @bullbear_ai

Recent good news: It will be launched on the Top 5 exchanges on July 20th. The specific exchange is not mentioned, leaving the market in suspense.

Exchanges already online include: Matcha, Bitget, and BitMart.

It has already tripled and is no longer suitable to get on. According to the route plan of Telegram, NFT will be issued later in the project. The gameplay of burning AIBB to obtain AICORE can be used as an ambush when going sideways.

Benefits: 3 stars

IOTX-leading Internet of Things

Project Introduction

IoTeX is a decentralized platform that links real-world smart devices to blockchain Dapps. It has been the leader in the Internet of Things since 2018.

Market cap: $190 million

Twitter: @iotex_io

Recent good news: Mainnet v1.11.0 will be officially released on July 20 and will undergo a hard fork, and all nodes must be upgraded.

On July 16, the R3alWorld Summit will be held in Paris to discuss the real-world applications of IOTX.

Now that the market value has dropped to 190 million, the market is not willing to pay for the good news of the hard fork. Let’s pay attention first.

Benefits: 2 stars

MBX-Game Platform

Project Introduction:

MBX is a game ecosystem launched by the Korean game company Netmarble on the public chain Klaytn

Market cap: $60 million

Twitter: @MARBLEXofficial

Recent good news: Burning will take place on July 19

Since its launch in March 22, there has been no major positive surge on the K line. In June, it announced a plan to reorganize the MBX tokens. The token burning will be carried out on July 19. There may be other actions in the future, so continue to pay attention. .

Benefits: 2 stars

Today’s analysis ends here, see you tomorrow!