6.22 On-chain Data Analysis
In June, the volatility of stablecoins on exchanges remained significant, with an overall net outflow. Before there is a sustained inflow into stablecoins, it is recommended not to heavily invest in altcoins, avoid high-leverage contracts, and only engage in right-side trend trades. Today, due to Trump's attack on Iran, Bitcoin saw a slight inflow into exchanges, and the price experienced a pullback. Until the conflict between both sides is resolved, it is advised to patiently hold BTC and BGB. For those looking to enter the market, consider dollar-cost averaging in batches!
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