EMC Labs BTC Weekly Review (7.29~8.4): Japan's interest rate hike combined with doubts about US recession, without reducing the bottom color of this bull market.
The recent 30% decline in the past 8 days is directly related to Japan's interest rate hike, deleveraging, and concerns about the US recession. After further liquidation and consolidation, it will free up better space for the second half of the bull market.
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EMC Labs BTC Weekly Review (7.29~8.4): Japan's interest rate hike combined with doubts about US recession, without reducing the bottom color of this bull market.
The recent 30% decline in the past 8 days is directly related to Japan's interest rate hike, deleveraging, and concerns about the US recession. After further liquidation and consolidation, it will free up better space for the second half of the bull market.