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Event ends: August 9, 16:00 UTC
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7.14 Dynamic Interpretation
1 Hong Kong. The number of applications for stablecoin licenses has reached 50, which sparks limitless imagination. The impact on the virtual currency market is tremendous; once it is loosened, it could directly trigger exponential growth. Benefiting coins: Bitcoin, major platforms (especially local market platform tokens: GT, CRO, etc.)
From the trend perspective: the retracement of the dog head is likely to end, and it will continue to advance.
Bitcoin and Ethereum: Be cautious when shorting in an upward trend.