Coin bros review yesterday’s mainstream market action—did you make short-selling profits and take them off the table?

Around the time before and after the U.S. stock market opens, $BTC fell to 62700. $ETH bottomed at 1855 and then started to rebound. The reason for the drop was that institutions kept unloading, which triggered market panic. FOMO sellers followed in, causing a stampede. Since there wasn’t enough buy-side demand below, the price kept crashing.

BlackRock is increasing its holdings of Ethereum by taking it out of staking/undelegating, and on-chain whales are also accumulating. As liquidity in the market decreases, the price is expected to rebound.

But looking at the intraday chart, short-term moves are still bearish.

At 2 a.m. on the 30th, the Federal Reserve will release its interest-rate decision. The market will very likely be affected. Bold prediction: the interest rate will remain unchanged. Then at 8:30 tomorrow night, the U.S. will also publish Q2 GDP data, which will also influence the direction.

If you’re not sure, you can come to the chat room and discuss with the coin bros. So what’s your take?
#美国银行业吁参议院收紧稳定币利息限制