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The market is currently approaching the last line of defense for long positions, but the situation remains grim. The premium index in the Spot market has fallen into negative territory, and the continued outflow of USD Spot funds remains unclear.
Overall, the market is showing signs of a sustained retreat, and even the ETF data reflects an unoptimistic trend. This lukewarm downward trend is really affecting people's mindset!!!
If the market really falls below this key support level, then the next focus may be the positions of 110000 or 108000. #Gate全球首发上线YZY# #加密市场反弹# #美联储7月会议纪要# #BTC# #ETH#