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BIT Official: Ethershop is trying to construct a double base

On 15 July, BIT Official published a daily graph and graph analysis that it was trying to construct a double base, providing a clearer technical support for traders. While fundamentals and market structures still suggest that investors should be cautious, as long as the recent lows are held in the venom, this pattern means that the technological outlook has improved. At the same time, lower-than-anticipated inflation data have improved the macro-level environment for risk assets. After eight consecutive months of net outflows, the transformation of ETF into net inflows, this month or for the first time, is expected to provide some boost to institutional demand, although improvements may still be limited。

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