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QCP Capital: All signs point to a strong bullish July

BlockBeats news, on July 1, QCP Capital published a statement saying that BTC rebounded from the $60,000 area to $63,700 at the beginning of the second half of the year, and briefly fell below the $60,000 support level last week. BTC spot ETFs had a net inflow of $73 million last Friday, the highest single-day inflow in two weeks. According to seasonal data, BTC's median return in July was 9.6%, especially after a strong rebound after a negative return in June (-9.85%).

QCP Capital's options trading department also saw capital flows last Friday in preparation for a month-end rally, possibly in anticipation of the launch of the ETH spot ETF. All signs point to July being a bullish month.

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Rhythm Evening News｜A list of important information on July 1

1. QCP Capital: Various signs indicate a strong bullish outlook in July; 2. The wallet address marked as "German Government" transferred 400 BTC to CEX; 3. Catizen launched Catizen SDK, which supports developers to deploy games on Telegram with one click; 4. Jupiter Lianchuang: The vote on reopening the Jupuary plan will be held in the next few weeks, and a new design is planned to be adopted; 5. OKX will delist RNDR currency pair leverage and perpetual contracts

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