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Kryptanium Capital: BTC and SOL are currently making steady progress at key technical levels

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2024-07-02 05:16:22
Daniel Yan, founding partner of Matrixport and co-founder of Kryptanium Capital, said on the X platform that the market has recovered from its trough over the past week, with both BTC and SOL currently making steady progress at key technical levels. The market is looking for a breakout, which I think is possible, but I would like to point out that it looks similar to the first week of June.
In addition, Daniel Yan said that while he is generally optimistic about the third quarter, as liquidity conditions will improve and Gox will lag behind us, he is cautious about Friday's non-farm payrolls data, and the actual Gox distribution is still uncertain. June's CPI inflation data will be the key data to watch after the non-farm payrolls data (next week).
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