Miners are having a hard time now.

The more miserable they are, the closer the market bottom is.

Now miners are facing increased operating costs due to equipment upgrades, electricity price increases, etc., while Bitcoin prices continue to be sluggish, although a large part of the sluggishness is due to miners' own selling.

But they have to do it, otherwise they can't maintain the operation of the mine.

However, during this period of time, miners have continued to sell, and the selling has basically ended. At this time, they also know that it may be the bottom, so selling now is equivalent to cutting losses.

Even if they raise funds through other methods to solve the funding problem, they will not choose to sell Bitcoin.

The ETF outflow trend has ended and net inflows have begun. What remains is the government's selling pressure. The government's selling pressure often does not care about the market. After all, it is public property, and it must be sold when the top tells me to sell.

However, it will not have much impact on the market overall.

The negative impact of the compensation paid by Mentougou is also gradually weakening...

Therefore, Shisan is very optimistic about the market in July. Of course, it is possible that the market will continue to fluctuate for a few months and officially start the surge mode in August or September.

July will definitely not be as sluggish as June, which drove so many leeks crazy.