Odaily星球日报讯 市场数据显示，6 月份迄今为止，BTC/USD 已经下跌了 7%，分析认为本周加剧加密货币市场波动的因素主要包括： 1、6 月 28 日即将发布的美国失业数据； 2、修订后的美国第二季度 GDP 数据； 3、美联储“首选”的通胀指标。（Cointelegraph）

Odaily星球日报讯 市场数据显示，6 月份迄今为止，BTC/USD 已经下跌了 7%，分析认为本周加剧加密货币市场波动的因素主要包括：1、6 月 28 日即将发布的美国失业数据；2、修订后的美国第二季度 GDP 数据；3、美联储“首选”的通胀指标。（Cointelegraph）

分析：本周美国失业及修订后二季度GDP数据加剧加密市场波动

Odaily Odaily News Market data shows that BTC/USD has fallen by 7% so far in June. Analysts believe that the factors that have exacerbated the volatility of the cryptocurrency market this week mainly include: 1. The US unemployment data to be released on June 28; 2. The revised US second quarter GDP data; 3. The Federal Reserve’s “preferred” inflation indicator. (Cointelegraph)

Analysis: This week's U.S. unemployment and revised Q2 GDP data fueled crypto market volatility

Contents of this article
-TLDR
- Important news from last week
- The United States adds seven countries, including Japan and Taiwan, to a currency manipulation watch list
- The yen depreciated sharply, and both CPI and core CPI were lower than expected.
- Most central banks around the world are still waiting to see the progress of interest rate cuts, while a few have already entered a cycle of interest rate cuts.
- Eurozone CPI data released, all in line with expectations
- U.S. retail sales fell well short of market expectations
- BTC volatility fell to historical lows, trading volume shrank, liquidity was scarce, and the market focused on expectations of interest rate cuts.
- Things to do this week
- Conclusion
TLDR
- US market sentiment...

JZ General Economic Weekly: Liquidity in the crypto market is tight, attention is paid to the global interest rate cut trend, and the Japanese yen collapses

From the analysis of on-chain behavior, how far may BTC fall in extreme cases in the bull market?
The overall logic is to evaluate from two aspects based on on-chain behavior analysis and historical data.
Method 1: From the perspective of STH-MVRV (short-term holders)
Short-term holders are important participants in the bull-bear transition, so the performance of STH-MVRV has extremely important reference value in the bull market cycle. I have used 2 tweets to explain its principles and functions in detail. New friends can refer to the following link, and I will not repeat it here.
About STH...

Based on the on-chain data analysis, what is the limit of BTC price retracement in this bull market?

After the ETF is launched, ETH is expected to trade between $2,400 and $3,000.
Author: Andrew Kang
Compiled by: TechFlow
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When the Blackrock ETF application was submitted, the price of Bitcoin was $25,000. I was very optimistic about Bitcoin at that time. Now the return rate of Bitcoin has reached 2.6 times, while the return rate of ETH...