10x Research: Chiliz (CHZ) may surge due to the start of the European Cup on June 14

ChainCatcher news, 10x Research published an article on the X platform saying: "Chiliz (CHZ) tokens may rebound on June 14.

We have seen this again and again: events are the best catalysts for trading cryptocurrencies because prices tend to rebound in anticipation. The key is to leave when the event arrives and not be obsessed with the storyline. But there are usually opportunities to make money in the price increase phase before the event arrives. This may apply to this situation again.

The launch of CME Bitcoin futures in December 2017 triggered a massive price increase, but marked the apex of that bull market. Similar apex appeared in the launch of Coinbase in April 2021 or the launch of futures-based Bitcoin ETFs in October 2021. A recent example is the launch of the Bitcoin spot ETF in January 2024, which caused the Bitcoin price to rebound before, but then fell 15%.

The European Cup is scheduled to open on June 14. Although not as important to the entire cryptocurrency market as the launch of Bitcoin products, it may have an impact on Chiliz (CHZ) token is making an impact. With less than three weeks to go, now might be the time to get exposure. Chiliz (CHZ) is about to rise…”