fundraising-project-date

#EMC#

#EMC#

In July, the inflow of funds is reversing the decline of the past two months, coupled with factors such as the US interest rate cut and the election, BTC has once again entered a strong channel.

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The macroeconomic data in February triggered market fluctuations, presenting a good opportunity for medium to long-term investment in BTC. The global macro financial environment, especially in the U.S. market, experienced a rapid and dramatic change in February. U.S. inflation data has risen, and consumer confidence has fallen to a 15-month low, causing traders to start pricing in expectations of a potential economic recession. This has driven the three major U.S. stock indices to quickly drop near the 120-day moving average. Funds are beginning to take hedging measures, the yield on the 10-year U.S. Treasury bond has rapidly fallen, and gold is also showing signs of a top formation. Affected by the correlation with the US stock market, BTC, which had been building momentum, experienced a significant drop in the last week of February, marking the largest retracement and the biggest weekly loss of this cycle. Industry analysis believes that this market trend is essentially a retraction of previous optimistic expectations. Based on the self-adjustment capability of U.S. policies and the long-term positive logic of the cryptocurrency market, BTC is currently welcoming a good opportunity for medium to long-term allocation.