The real opportunity to buy the bottom is after the market hits the bottom for the second time, keep an eye on the key position!

Last night, after being suppressed for a long time, the market ushered in a wave of rebounds, with varying magnitudes. On the surface, this rebound was caused by a news report that VanEck applied for Sol ETF. The article two days ago suggested that the market might rebound again after the rebound. Of course, we hope that the rebound height will be higher, so that after the retracement, the probability that the previous low is the bottom will be greater.

Looking at the net inflow of ETFs, although there has been an inflow in the past few days, the inflow is very small. Simply put, it is a rebound with shrinking volume.

In the short term, there is still ETH spot approval on July 2, and there is still an expectation of passing. If it is not passed next week, then passing in August is a foregone conclusion. As long as the Fed's data tonight is not higher than expected, there should be no big drop before July 2. It is predicted that it is a shock rise repair indicator.

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Keep an eye on whether it can recover around 63,000 this week. If it can, then it can be basically judged that the bottom support of this round of adjustment is around 58,000, and it will not fall below this price no matter how it adjusts.

For altcoins, the bottom of this callback is unlikely to fall below it again. I am not pessimistic about the future market, but I still need to kill some time. At this stage, it is okay to hold spot!

When will the market start? I personally think that the listing and trading of ETH ETF is a good opportunity. In fact, you can recall that before the Bitcoin ETF was passed and traded, the currency circle was actually depressed for a while. In short, as long as you can endure the dark moment and not cut your losses, you will outperform half of the people. Those who are willing to run away at high points are the best at making money.

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