Today, a friend asked about the exchange rate. He didn't know how to do a long exchange rate. First of all, the exchange rate is an extremely important indicator for us to refer to. For example, ETH/BTC was already seriously oversold at 0.045 before.

First of all, we must understand what long exchange rates are. Long exchange rates are long on this trading pair. In fact, it is long on the strength of Ethereum relative to Bitcoin, which is also a very important reference for market share.

This wave of market was initiated by Ethereum. Before the ETF is passed, Ethereum will be stronger than Bitcoin, so the risk of long exchange rates is lower and the certainty is higher.

There will be more opportunities under the subsequent hype of Ethereum ETF. We can target this exchange rate between 0.06-0.07. The reason has been mentioned many times today, so I won't repeat it too much.