Market Quick Review on July 15: 📈 80,000 Bitcoin whales transferring coins to Galaxy for sale: bullish! 🚀 In fact, the past two months of fluctuations around 100k-110k have been dominated by whales and miners offloading; U.S. institutional ETFs and MicroStrategy are buying, and without turnover, how can we reach new highs? Buy Bitcoin on dips! Data support is shown in the figure below: the number of super whale addresses holding 1,000 to 10,000 Bitcoins has significantly decreased, while the number of whales holding 100 to 1,000 Bitcoins has clearly increased. Super whales are generally ancient holders or hoarding miners, while whales are typically institutions like MicroStrategy that, after buying coins, will distribute their Bitcoin holdings across single addresses of 100 to 1,000. 📉 CPI data basically meets expectations: interest rate cuts in September are almost a certainty 🚀 In June, prices for furniture and toys, which are heavily impacted by tariffs, accelerated in their rise, but the decline in prices for used cars and airline tickets offset this effect. However, many institutions believe that the impact of tariffs will be reflected in the CPI data for July and August, and are currently taking a wait-and-see approach regarding inflation expectations. 🐧 Altcoin XRP, Pengu continues to be strong It somewhat resembles last year's U.S. coin market, except last time it was driven by political concepts from the U.S. elections, and this time it's about coin stocks + ETF expectations. Analyzing the fundamentals is just the surface; the core is still about who can tell the better story, and both Ripple and Penguin are masters in this regard.
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