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The next few key time points need attention
August 7: the Senate recess
Crypto-related bills are unlikely to pass smoothly
It’s likely to be accompanied by a wave of a sharp drop
At the same time, the macro environment is completely unable to support the market to push higher sharply
Up until around the U.S. midterm elections in November
the overall situation will only gradually become clearer and improve
After BTC completes its cycle to probe the bottom
the market will officially start a trend of turning upward.