The cryptocurrency market is strongly tied to macro trends. It is recommended to wait patiently and reduce operations, while also paying attention to good opportunities for building positions in Ethereum in the second half of the year.

This month, the price of Bitcoin has shown a "roller coaster" trend, largely driven by emotions, while the long-term trend represented by Bitcoin spot ETFs remains unchanged.

In June, the CPI in the U.S. diverged from non-farm data, leading the market to be unable to reach a consensus on the number of interest rate cuts, resulting in a "wait-and-see" approach. Nvidia's market value once soared to the top in the world, becoming a pride of the AI era. However, the U.S. stock market is severely polarized, with high price-to-earnings ratios and bubbles becoming apparent. The cryptocurrency market experienced an inexplicable decline this month, with selling pressure from old OGs and miners possibly being the direct cause of the drop, also providing new investment opportunities for the future.