The overall market of ETH is weak. Today, the overall market is mainly volatile. According to the reasonable position, ether multiplied by 20 is equal to the price of Bitcoin, but currently multiplied by 20 is also far behind, including the overall weakness of the cottage industry. Bitcoin is still the first choice. Ethereum must stand at 3100 before it can be strong. The weak market is dominated by Bitcoin.

At present, as far as Bitcoin is concerned, it is relatively strong to be able to run at this position. In the case of a sharp drop in US stocks, this decline is controllable. Bitcoin has also completed halving. If there are no more geopolitical events, we can expect the arrival of a wave of cottage season. At present, the cottages on the market have basically fallen to the bull market, starting with a halving. At present, all familiar spot products are at a low level, which is an opportunity for spot layout.

In terms of exchange rate, there is no fluctuation today, and it is still running around 0.048. Ethereum has not fallen behind in the retracement market, indicating that the main force of the overall cottage industry no longer wants to smash the market. If the market can stabilize, Ethereum still has a lot of room for growth, but we must enter the market in a strong position. At present, it is weak and volatile. In addition to spot products, it is not suitable for entry. In terms of exchange rate, 0.05 The key position remains unchanged. If Ethereum can strengthen to above 0.05, it may usher in a strong rebound of the copycat

At the current point, the short-term focus below is 3000. If it can stabilize at 3000, it will be a very cost-effective investment. The short-term resistance above is 3100 3400. If it can stabilize at 3100, follow the trend and chase more. The market opportunity is great