[Mad man says trend]It is expected that there will not be a lot of selling pressure around 22000. If it falls sharply, it will be a short-term low-sucking opportunity.

Blockonomics
[Mad man says trend]It is expected that there will not be a lot of selling pressure around 22000. If it falls sharply, it will be a short-term low-sucking opportunity.
Paxful



Madman says…

Regarding the Fed’s interest rate hike next week, the market’s expectations are still not very clear. The current Fed observation shows that the probability of a 75 basis point rate hike has increased by 10% from the previous day to 80.5%, and the probability of a 50 basis point rate hike has increased from 30% has dropped to 19.5%. There is currently no expectation of a 100 basis point interest rate hike. The final value will be announced at 2:00 a.m. on July 28. Economists predict that the Fed will slow down interest rate hikes after raising interest rates by 75 basis points next week. The pace of interest rate hikes after September will be 50 basis points or even lower. Of course, this still depends on the degree of inflation, and if it fails to decline, it will increase expectations for rate hikes. The president of the European Central Bank also said in the early morning that the EU will continue to raise interest rates until inflation falls back to 2%, otherwise it will continue to raise interest rates, Danske Bank chief strategist believes that the European Central Bank may stop raising interest rates after September, because the European Union The central bank does not have a long window of interest rate hikes, which will trigger sharp rate cuts ahead of schedule.

The madman thinks that the EU really has little room, and it could eventually lead to a super recession, the economy plummets, and Europe exists now:

In the case of insufficient energy supply, sanctions are still imposed on energy countries; European countries have uneven economic levels and political involution; inflation remains high, but there is no strong central bank;

Raising interest rates now means giving up the economy. Not raising interest rates will lead to currency collapse and trade imbalances.

bybit

The Bank of Central African States will urge the six member states to jointly introduce a common digital currency to modernize the payment structure and promote regional financial inclusion. This is the prototype of the regional currency, much like the extension of the unified currency management in the European Union at that time, which can strengthen the regional currency. The competitiveness of the region will open up better financial channels for the economic growth of countries in the region. This situation will gradually take shape in the next few decades. Eventually, the region will be transformed into a global unified currency, and the domination of the dollar will be completely dismantled. Chance to see this day.

According to the Boston Consulting Group, a global management consulting firm, the adoption of cryptocurrencies will further accelerate. If the Internet adoption rate since 1990 is compared, the total number of encrypted users will reach 1 billion by 2030. The madman looked at it. The current number of non-zero addresses in Bitcoin is only more than 40 million, and the situation of one person with multiple addresses is not excluded. The addresses with more than 0.01 BTC are only more than 10 million. It is generally estimated that the number of users of centralized exchanges will reach 150-200 million actual users are still far away from 1 billion, and the future growth space is still huge and high-speed.

Argentina has restricted cryptocurrency traders from buying U.S. dollars at the official exchange rate, and buying bitcoin with peso in exchange for U.S. dollars will be banned in a bid to curb capital outflows. These emerging economies are the most vulnerable in the environment where the dollar raises interest rates sharply to harvest the world. Their currencies depreciate a lot and form a death spiral back to the dollar. At this time, they can only abandon all economic goals, raise interest rates quickly, control outflows, and maintain financial stability of the country.

The Republican Party in Texas plans to incorporate cryptocurrencies into the state constitution, a bill that would allow citizens to hold and use any of their mediums of exchange, including cryptocurrencies, and yet another large U.S. state has opted to embrace and legalize it.

Panic 31, has intensified.

Coin News:

Bitcoin: The U.S. stocks pulled back sharply overnight. If you want to attack a higher position, you may still need to step back on the support platform of 21,500. It is expected that there will not be a lot of selling pressure around 22,000. .

Ethereum: The overall trend is strong. After 5 consecutive days, the inclination of the StEth pool continues to pick up, which provides better liquidity for StEth stakers and further relieves the liquidity crisis. 2.0 is expected to come, and it is expected to continue Leading the rise in the entire crypto industry.

APE: The pledge system will be launched soon. It is expected to be launched in August. Its parent company will earn up to $150 million in royalties from selling NFTs. This is currently the largest company in the NFT industry, and its token value is not very high. There is a certain room for hype, continue to hold the main.

There is not much to add. It is expected that the weekend will be dominated by wide fluctuations. Buy if it falls and sell if it rises.

Disclaimer: The article only represents the author’s personal views and opinions, and does not represent the objective point and position of the block. All content and opinions are for reference only and do not constitute investment advice. Investors should make their own decisions and transactions, and the authors and blockers will not be responsible for the direct and indirect losses caused by investors’ transactions.

This article[The Crazy Talks Trend]It is expected that there will not be a lot of selling pressure around 22000. If it falls sharply, it will be the first short-term low-suction opportunity to appear in the block.

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