The market share of Bitcoin has begun to decline, and Ethereum has strengthened. It is expected that the altcoin will have a role to play in the future. Cherish the next market. Ethereum needs to stand firm at 3120 on the daily line. It is still a little short, but the 4-hour level has a trend of strengthening. Since the 15th, Ethereum has broken through the K-line. I think this is a signal of an upward attack, which is worth noting. It is necessary to pay attention to the stabilization after the breakthrough of 3070-3100. The pressure level of Bitcoin is 67600, and the short-term support below is 65100.
At present, the overall trend needs to be bullish, and look for opportunities to go long on high-quality altcoins. Although Ethereum has been weak recently, I am still optimistic about the future of Ethereum and its entire ecological market. Even if the ETF is not passed, after the negative news is realized, May 23 will also be the day of change for Ethereum, which will lead the altcoins into a compensatory rally. The bull market always comes in despair.
Why are there only a few people who make money in the bull market? Because the road of the bull market is not smooth, a shock or a bump may get you off the train, wait and see before buying, buy and sell again, repeat... When the trend comes, the only way to make big money is to hold the currency. Although Ethereum has been weak recently, I am still optimistic about the future of Ethereum and its entire ecological market. Even if the ETF is not passed, after the negative news is realized, May 23 will also be the day of Ethereum's change, which will lead the altcoins into a rebound market. The bull market always comes in despair.
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