Metrics Ventures’ July Market Observation Guide for Crypto Market Secondary Fund
1/ Following our June view, the consolidation of the top with reduced volume in the past two months is not a bad thing. It has accumulated momentum and chips for the subsequent rise. The establishment of loose expectations and the gradual elimination of political uncertainties have laid the foundation for the global capital market to return to liquidity-driven, while the return of risk appetite and the relaxation of financial supervision will continue to drive prices up.
2/The obscurity of this round of new highs just illustrates the strength of the chip clearing in the circle. The price behavior of altcoins also deeply reveals the fatigue of the lack of successors. Except for some altcoins that embraced the new gameplay of the US dollar compliance system early on, the trends of other altcoins are embarrassing, which is highly similar to the trend of the delisted sector of a certain city.
3/The overall trend of Ethereum is still optimistic. Against the backdrop of funds in the circle being left with nowhere to go, Ethereum will have more advantages in emotional speculation. It is expected that this speculation opportunity will reach a climax with the continued highs of Bitcoin and the SECs relaxation of pledge, but it is still necessary to remind people not to fight a protracted war.
Review of the overall market situation and market trends
The past month has been a month of repeated ups and downs and confrontation between bulls and bears for short-term traders, but in early July, all the excitement that accompanied the coming and going of events became a thing of the past. Bitcoins new high this time is a classic in terms of time, volume and chips, and it has once again clarified its position as a core asset in the forefront of the US dollar system. This is the second confirmation since April, which is very important. I hope that readers will attach great importance to it. It is also a feedback to all holders. Congratulations to everyone.
From the perspective of US dollar assets, we are also optimistic. Of course, there will always be many optimistic angles under such pessimistic scenarios in the past, but in terms of trends, the US stock market has completed the transition from a bear market to a new high at the fastest recovery speed in history, which foreshadows the magnificent future market - after all, the last time we were so crazy, we ushered in a big bubble in the technology Internet. Considering that the passage of the stablecoin bill as scheduled and the expectation of the relaxation of financial supervision such as the leverage ratio of the banking system are timely, we are still optimistic about the future market. We believe that only after experiencing the trough and the convergence of fluctuations after divergence can we truly observe the direction.
Due to the fragmentation of market conditions, we cannot elaborate on the large amount of research we have done internally in the monthly report, but we would like to say a few more words about the Ethereum trading opportunities we have shared before:
1) This is a trading opportunity, which may be more appropriate from the perspective of previous meme sentiment interpretation and capital flow;
2) From the exchange rate pair to ETH’s own technical indicators, all point to a potential impulse market;
3) If you are a trader who has no trading knowledge, it is also very convenient to make a stop-loss and take-profit plan with good odds.
Finally, the world is undergoing drastic changes, whether it is the transfer of pricing power in our industry, the rapid progress of AI around the world and the changes in traditional business formats, productivity relations and social structures, or the shift in the pattern between China, the United States and even the world, the capital market is ultimately a reflection of the real society and needs to follow objective laws. While we are surprised at the worlds silence on this, we hope to accompany you to find our own path in this great change, and encourage you.
about Us
Metrics Ventures is a data and research driven crypto asset secondary market liquidity fund led by an experienced team of crypto professionals. The team has expertise in primary market incubation and secondary market trading, and plays an active role in industry development through in-depth on-chain/off-chain data analysis. MVC works with senior influencers in the crypto community to provide long-term empowerment support for projects, such as media and KOL resources, ecological collaboration resources, project strategies, economic model consulting capabilities, etc.
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