9.7 Macroeconomic Market Analysis Hello brothers, good weekend. Since the positive non-farm payroll report, the market has moved in the opposite direction. What hidden meanings does this imply? How should we operate? If we get caught up in the technical details of the candlestick charts, we will definitely panic and cut losses, or lose sleep all night. Therefore, we need to step back from the details and analyze based on on-chain data and macro trends. From the on-chain data, we see stablecoin inflows, BTC outflows, and an increase in the proportion of whales. Overall, the on-chain data shows that small funds are selling while large funds are accumulating: addresses holding 10 BTC or less sold 27,333 BTC; addresses holding between 10 and 100 BTC increased their holdings by 4,154 BTC; and whale addresses holding over 100 BTC increased their holdings by 130,912 BTC. From a macro perspective, interest rates are expected to be cut by at least 50 basis points this year, and countries...
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