Currently, #比特币走势分析 fluctuates widely between $60,000 and $70,000. The market may have a bottoming force in order to buy low-priced chips at a better price.

Data on the Ethereum chain show that the number of active addresses has increased by about 49,000 (9.6%), and the number of new addresses has also increased. This shows that the fundamentals of Ethereum have recovered, which is the basic condition for its price recovery. In the future, the driving force for Ethereum's rise also lies in the approval result of the Ethereum ETF on July 2.

Due to the decline in Bitcoin prices, the US Bitcoin ETF channel has led to the departure of $404 million in Bitcoin. At the same time, the holdings of stablecoins on exchanges have decreased by $595 million, showing that the purchasing power of funds on the market is lacking. In the short term, the market does not support the surge in the bull market. Market structure Bitcoin exchange inventory The Bitcoin inventory of exchanges has decreased by 6,141 $BTC , while the miner inventory has decreased by 383 $BTC . Since June this year, miners have sold more than 30,000 $BTC , the fastest selling rate in more than a year. The main reason is that the recent halving has led to a reduction in block rewards, coupled with the decline in Bitcoin prices, which has damaged miners' profit margins, triggering a series of sell-offs. Overall, although there is a certain bottoming force in the market, due to insufficient purchasing power and the impact of miners' selling, it is difficult for the prices of Bitcoin and Ethereum to rise sharply in the short term. Investors need to pay close attention to market dynamics, especially the upcoming Ethereum ETF approval results, which will have an important impact on the market.