🧵Everyone is discussing $ETH …… at this time you must keep an eye on @BitMNR
Because they just made a big move 👇
▫️Holding 1,523,373 $ETH
▫️Based on the valuation of $4,323/ETH, $6.6 billion
▫️37.3 million more than last week $ETH (market cap increased by 1.7 billion USD)

1/ BitMine is now the world's second largest encryption vault, second only to $MSTR.
In the world's top 6 vaults, 2 are hoarding $ETH.
Stock Code: $BMNR
Chairman: @fundstrat
Liquidity + strategy, strong leverage 💪

3/ Even JPMorgan is optimistic:
"Ethereum is suitable for 'meteor-like' stablecoin growth"
$ETH is not just a coin, it is a functioning financial ecosystem 🚀

Retail investors are starting to fear the highs, and selling pressure is gradually appearing, but institutions and large investors are still quietly increasing their positions, showing a very firm attitude.
This is definitely not the peak, just a small breather before the next wave of the market. Everyone, don't panic, the best is yet to come $BTC $ETH

Historical data shows that August and September are usually the most difficult periods for $BTC - in the past 12 years, there have been 8 falls, with a probability as high as 67%📉
I believe that in August this year, it is highly likely that we will continue to see a consolidation phase, but once the adjustment is over, there will be an opportunity for the market to reach new highs.
Data: @coinglass_com

Last night #SEC# approved the physical redemption mechanism for $BTC and $ETH Spot ETP.
For us in the market, it may be the final piece of the puzzle that institutions have been waiting for.
Bitcoin and Ethereum have already reached the same height as gold.

Always be prepared for the bull run! $BTC $VINE $SPX $MICHI

The Glassnode #Altseason indicator was triggered on 7/9.
The expansion of stablecoin supply and the influx of funds into $BTC and $ETH will also drive up the total market value of altcoins.
This structure is a typical beginning of "capital rotation", and if things go wrong, it might turn into a shanzhai performance.

Although $ETH did not perform well last year, it has pumped from $1,400 to nearly double now 📈
As ETH bounces back from $2.2K to $2.5K, the spot ETF saw a net inflow of 106K units last week, marking seven consecutive weeks of net inflows, and institutions are clearly unafraid.
It seems that smart money has already positioned itself, this wave might just be starting🔥

The weekend market shows minor level contraction and fluctuations. At this time, it is better to observe the entry opportunities in the larger timeframe.
Short-term trading is easily shaken 🥴 with small fluctuations and low volume; resting is also a strategy #Bitcoin # BTC.

#Bitcoin has fallen from over 70,000 since the beginning of the year, and many people are still waiting to buy at 60,000.
But to be honest, when you have no plan, the more you try to bottom fish, the easier it is to end up with nothing bought. Building your position in batches is the way to ensure you don't get left behind.
From over 70,000 all the way up to 110,000, an increase of 50%, with hardly any decent pullbacks in between.
It's normal to fall a bit now, and even a retracement to 100,000 wouldn't be exaggerated.
Don't fantasize about perfectly timing the bottom anymore😅 #BTC # Crypto

This CPI data is slightly better than expected, although it's not perfect, but it's enough for the market 📈
Many people say it's because of the rush to buy before tariffs raised consumption, which is true, but the market only needs a "reason", not perfect logic.
Core inflation is still present, but there is a gradual trend of cooling. What is truly noteworthy is that the monthly growth rate of income has turned negative (-0.1%), indicating that pressure is rising, and the Federal Reserve may have to take some serious action next.
The crypto circle has always been ahead of the Fed, so don't go

$SUI fell back after breaking through. This operation is not only to clear leverage; in fact, the pump is inevitable because the market still has enough momentum to push prices upward.
#SUI # Bitcoin #Ethereum