Risk appetite has fallen, tired of waiting and worn out of the burnout is experiencing burnout. For a long time for long -term investors subcoins tiring. Those who traded in the short term have gained good gains. So how long will this weary environment continue in subcoins? TKL has shared one of the pioneering signals for risk markets today, and is beyond this gossip.
Write Crypto Money
Iran talks are progressing, Japan announced that trade talks are ongoing, and the last date of July 9 was officially postponed to August 1, officially. Uncertainty? Uncertainty still continues. Fed In the middle of the moon, focused on the future inflation data, and at best we can see a bull in the end of summer. August may be a reasonable period if discount signals are given at the end of July at the end of July.
Are the markets preparing for such a thing? The Kobeissi Letter Russell 3000 He wrote that the risk appetite began to recover again by drawing attention to the mobility in the index.
“Investors follow non -profitable companies and breast shares: According to Bespoke Investment Group, 10 of the 14 Russell 3000 shares, which have doubled since the market bottom level on April 8, belong to non -profitable companies.
As of the end of June, 858 losses within the index gained an average of 36 %and exceeded the benefits of profitable companies.
Avis Budget Group, a car rental company, which had the status of breast stock for the first time in 2021, experienced a 161 %increase in shares. Carvana increased by 108 %in the same period. ”
In summary that risk appetite increased Showing Hype promissory note, abnormal interest says we can also rise for crypto currencies. Gold fell around 1 percent today, which is another signal that points out that the concerns are restrained.
Bitcoin (BTC)
BTC price He bought $ 108,000 and exceeded $ 109,000 after the US market opening. The potential of reconciliation with the EU, signals that the negotiations will continue until the beginning of August, and many other developments supported this.
Now let’s see what the analysts say. Carl Moon wrote that the momentum increased by sharing the following BCMI graph.
According to Jelle, there has already been a break. He thinks that the price is preparing for the summit after a break from the pennant. The target is 150 thousand dollars.
Poppe continues to expect hopeful as it has been for a long time.
“I feel like silence before the storm. For a long time BTC And I haven’t seen such low volatility in ETH. This is the harbinger of a big movement and I think this movement will be upward. People have not survived the trauma of the bear market and are not ready for the bull market. ”
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
