Yesterday, Ethereum experienced a rally that lasted all day, rebounding more than 400 points from the bottom around 3250 to reach 3688. There is some resistance around 3700 because after the Ethereum ETF was approved, there were some trapped positions above, so this level will likely need to be digested before it can continue to rise.
From the perspective of catching up on gains, ORDI has not yet started, and perhaps once it explodes, it will lead to a significant increase. It is worth looking forward to, as this project once led a small bull market. So, buying when no one is paying attention is key; don't chase after it rises! The upper range can be seen at 50~60, and currently, it is only at 40, which still offers very high cost-effectiveness!
U.S. stocks are closed tonight, so Bitcoin should mainly fluctuate today, with a focus on opportunities for altcoins to catch up on gains.
Yesterday was a day with a lot of short liquidations, the bulls managed to gain some ground, and the market is rotating. Do not switch positions casually; there are opportunities to catch up on gains!
