updates

📌 Major Events in July (UTC-GMT) 📌
Thread 🧵 

Economic Events

* 09/07: FOMC Meeting Minutes  - 6 pm
* 15/07: CPI - 12:30 pm
* 16/07: PPI - 12:30 pm
* 17/07: Retail Sales - 12:30 pm
* 30/07: Federal Funds Rate - 6 pm
* 30/07: FOMC Press Conference - 6:30 pm

Market Overview:

Markets are trending higher and remain bullish as expected. Despite the ended war, there hasn't been a major impact, which is a strong bullish signal, with crypto leading as rate cut expectations grow more and more. The Fed is likely to not cut rate this month, but still there's a small chance because of the pressure on them. September remains the more probable window for a rate cut.
Also talks of a Bitcoin Strategic Reserve in the US and India could drive more institutional demand and new money inflow. Momentum is strong thanks to some factors like potential Alts ETFs approvals, crypto IPOs like Circle last month, lower inflation and rate cut, and big acquisitions in AI and crypto.
Bitcoin hit our earlier target, corrected slightly, and is now pushing higher.. though some resistance levels remain to break but overall it looks bullish
Also charts suggest that investors are rotating funds into risk assets.
Overall, the market remains bullish. A rate cut in September could send crypto even higher. We're seeing signs of rotation into risk and BTC is already testing highs.

$TOTAL: it did well as expected, still on the track and broke through the resistance and currently the PA is bullish

$DXY: Following the projected plan perfectly and has broken through multiple support levels

$SPX: had a historic run, breaking all time highs and reaching a new one. The current PA is bullish as it broke above $6K and it confirmed the bullish pattern as expected

Expected:

- Pump.fun $PUMP token auction 
- $XRP and $SOL Franklin ETFs decisions
- Aerodrome $AERO new feature announcement
- KAITO Launchpad
- ThorChain $THOR adding new chains

Crypto Events

- 03/07: last day for EthCC
- Axie $AXS update/new release
- Ronin $RON Feather Fan Upgrade goes LIVE
- 04/07: Binance delists ALPHA, BSW, KMD, LEVER and LTO
- Immutable $IMX launches a new game
- 06/07: Siacoin $SC hardfork
- $JUP Jupiter Studio goes live next week, A token launchpad
- 07/07: Palio $PAL TGE
- $NEON unlocks $6M - It's currently sitting at a major support level, which could be a long opportunity, though it's a bit risky. A breakout above $0.10 could offer a safer entry point with a tight SL
- $FLUX announce FusionX, the new aggregated exchange
- Osmosis $OSMO tokenomics update
- 08/07: Starknet $STRK mainnet upgrade
- 09/07: Trump ends the 90 Day tariff pause
- Hardfork on $CELO Celo L2 mainnet
- 11/07: TrenFinance $TREN TGE
- 15/07: Grayscale’s $AVAX and $ADA ETFs decisions
- Internet Computer $ICP new AI product release
- 16/07: $ARB unlocks $32M - Currently trading below the ATL level. A breakout above $0.5 could signal a good entry point or if it reaches $0.28
- 18/07: $TRUMP unlocks $810M - Support is around the $7.8 area
- 20/07: $ZRO unlocks $50M
- 21/07: Coinbase to launch Perpetual Crypto Futures in the US
- 23/07: Horizon $EON network is winding down and migrating to BASE 
- 28/07: VanEck $AVAX ETF decision