10x Research: It is expected that there will be positive macroeconomic news next week, but in the medium term, it's not an important buying opportunity
Bitget2024/07/07 01:14
ChainCatcher news, 10x Research stated that its initial Bitcoin drop target of $55,000 has been reached. Bitcoin seems to be oversold in the short term and a rebound may occur, with positive macroeconomic news expected next week.
In addition, the SEC may approve an Ethereum ETF, which could have a positive impact in the short term. However, they believe this is not an important buying opportunity in the medium term.
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