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Almost all the market trends have followed my predictions. Yesterday, I mentioned the need to wait for an opportunity, and I believe that now is the perfect opportunity. The opportunity has arrived! Build a Position in batches, enter the market in batches, and capture this big market trend.
In my previous article, I mentioned that the monthly closing price of BTC is expected to be around 63000, and then welcome a good market in August. The market in August will definitely be better than July and easier to trade.
Here are three points,
Point 1: Everyone is speculating on the interest rate cut in September. If it turns out to be a trap, there will definitely be a surge in August, so the overall trend in August will definitely be a unilateral market process.
The second point: since everyone is expecting an interest rate cut in September, it is also possible that there will be a rate cut in August. Therefore, the current direction of the entire market speculation must be here. As for how it will go after the rate cut, I don't know either.
Point 3: It seems that no one is talking about the BTC Halving event now. History does not repeat itself, but it does rhyme! The trend after previous BTCHalving usually started to rise around 4 months later. I am sure that this Bull Market wave is not as easy to participate in as the previous Bull Market, but after all, it is still a Bull Market.
Summary: Today's significant decline, I don't see it as very pessimistic, and everyone shouldn't panic. The rapid rise in July and the significant pullback are also reasonable! Hold on to the low-priced chips and wait for the big market, whether it's contracts or spot, it's useless if you can't hold on to the big market, making money is not about pursuing short-term gains, but having a long-term perspective!