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📅 July 3, 7:00 – July 9,
The cryptocurrency market is in a critical period, and significant fluctuations may occur in the coming months. Analysts point out that the yield on the US 2-year Treasury has dropped to 3.6%, with an 80% likelihood of a rate cut in September; these macroeconomic factors will have a significant impact on the market.
Experts predicted two possible market scenarios:
The first scenario is that Ethereum could drop to around $1800 between July and August. If the Federal Reserve announces a rate cut on September 18, it may trigger a rebound between October and November, pushing the price up to between $3600 and $5000.
In the second scenario, an upward trend is expected to begin in the latter half of July and continue until mid-August. Subsequently, a pullback may occur from the latter half of August to early September. After that, the market is expected to stabilize and rebound again.
It is worth noting that the bull market in the Hong Kong stock market may soon come to an end. It is expected that starting from mid-July, funds may gradually shift to the US stock market. After the rise in US stocks, funds may ultimately flow into the encryption market. However, if the funds do not enter the encryption field, the market may face the risk of a bear market.
Investors should closely monitor these potential market trends and make informed decisions based on the global economic situation and the flow of funds between major markets. At the same time, it is important to keep in mind the high volatility of the encryption currency market and to carry out effective risk management.