#bit鹰# market analysis 7.5

Brothers, let's review our views and strategies yesterday:
Short-term fear of peaking, #BTC has rebounded 25% from the bottom, in the near future to avoid increasing investment, but to allocate stop profit.
This view remains unchanged today.
Global conditions are complex and changing, and just when we thought interest rates would soon peak, more bad news is on the way.
On the macro front, El Niño appears to have returned with a vengeance, and its appearance typically causes or exacerbates floods, heat waves, water shortages and wildfires, especially in the southern hemisphere. This will damage crops and infrastructure, and create inflation, which will lead the central bank to keep raising interest rates. If climate change makes such events more intense and more frequent, supply shocks will be inevitable. This year's El Niño is likely to break records, warming the eastern and central Pacific by 0.5 degrees.
In terms of data on the chain, the proportion of giant whales has increased in the past two days, ordinary retail investors have reduced their coin sales, and the willingness of large players to sell coins has increased in these two days.
At two o'clock in the morning on Friday, #The Fed will announce the minutes of the monetary policy meeting, which will determine the dynamics of raising interest rates in July and reveal the future path of raising interest rates.
At 8:30 on Friday night, the United States will announce the number of non-farm payrolls in June, which will control the life and death of the market.
BTC has reached its current position in the ETF application hype, and there are no more benefits in the short term, and it will fluctuate sideways for a while.
Unless Friday's non-agricultural data is lower than expected, it will be able to accumulate strength and rise sharply, the possibility is close to 70%.
Because the labor market may actually be weaker than these data suggest, the economy may be closer to recession, the labor market tightness is only an illusion, and key reports may overestimate job growth.
But as mentioned at the beginning, BTC has rebounded too much at the bottom. In the near future, avoid increasing investment, reduce the holdings of copycats, and consider allocating take-profits, because BTC will fall more if it pulls back from copycats. #blockchain