#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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I am more inclined to short next week because the Federal Reserve will not cut interest rates, Japan may raise interest rates, due to the risk preference of funds, a lot of funds will withdraw early next week. Once a Liquidity problem occurs on a working day, it will trigger a chain reaction, with an increase in selling orders and a significant decrease in buying orders. One can imagine how intense the situation will be at that time. Although Liquidity is also poor on weekends, at least there are not many selling orders, which means that both buying and selling orders are reduced. Therefore, weekends are either volatile (due to lack of Liquidity, any large selling or buying orders will cause market fluctuations, like the last time when Trump's tweet caused countless bearish traders to get liquidated), or sideways without movement. Once a Liquidity problem occurs on a working day, it will be a disaster. Do you still remember 312? It was because of Liquidity problems that a large number of selling orders appeared on weekdays, with very few buying orders, leading to the tragic incident of the U.S. stock market circuit breaker and a 50% Slump in the crypto world. Next week may be another legendary week of cold night sealing gods.