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- 📢 Gate Square #Creator Campaign Phase 2# is officially live!
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Today is July 22, BTC price 119199
First, the conclusion: BTC is fine, it only increased by 11% in this wave of market, ETH rose by 50%, and SOL by 30%; BTC has actually adjusted quite a bit during the sideways fluctuations in the previous days, and if you look at the weekly chart, you will find that BTC actually doesn't have much downside space. However, the profit space for ETH is quite large, and we see that Sun has already started to sell, which is a signal. SOL has now begun to catch up.
A 50% increase in major currencies in the short term is already significant, and adjustments are normal, but it does not mean that the market has ended, so there is no need to worry. The cryptocurrency industry is a national policy of Trump, and Wall Street is accustomed to slow bull markets. This is also why the analysis over the past two days has emphasized holding more spot assets, and contracts can only use low leverage as an adjustment to the current phase of operations.