#BTC Let me tell you about my views on the market trend:
On the 23rd, we should not only pay attention to whether the Ethereum ETF can be passed, but also pay attention to Powell's speech. This content will focus on topics such as inflation and interest rate cuts.
At present, most people speculate that the Ethereum ETF will not be passed because there is not enough time, but it is inevitable. This will usher in a new turning point in the market. If it is confirmed that there will be no interest rate cuts from September to November, then BTC should not have much to do this year, and the crazy bull market can only start in 2025!
The daily technical upward trend has come out, and we will pay close attention to the news on the 23rd. There is a high possibility of a reversal in the next two days. There are two situations; the first situation is an increase, breaking through the new high and then stepping back to stabilize at 72,000, and then it will go straight to 83,000.
The second situation is a fall, how it rose in the past two days will fall, the big cake is sideways, and Ethereum will make up for the rise.
Let me share my opinion;
1: If you are fully invested, you can stop profit at 30% of your position
2: Hold the value coins patiently, and you can get rich in the long run
3: If you are short, invest in ETH ecology, AI, sports MEME sector in batches!
