Tomorrow is the 23rd, and around 9 pm, the entire cryptocurrency market will usher in an answer that everyone is looking forward to.

The answer is directly related to when the bull market will start.

There are only two possibilities: pass or fail. If it passes, the market will take off and directly enter a bull market, which is expected to last until the end of the year (there will be twists and turns in between).

If it fails, there is a possibility of a new round of pullback.

We all know that this round of rise is due to the expectation that the Bitcoin spot ETF will be approved soon, and this expectation has now been digested by the market.

The trading volume has shrunk drastically today, and many people in the market have also come to their senses, believing that it will be very difficult to pass directly.

Now we are all in a wait-and-see state.

Once passed, it means that Ethereum is regarded as a commodity rather than a security, then Bitcoin may directly reach 80,000, and Ethereum may directly reach more than 5,300.

The entire market is now very optimistic. In sharp contrast, the trading volume is shrinking and even diverging, indicating that the positive expectations of the ETF’s approval have been digested by the market.

If the result is bad, you will vomit out as much as you eat.

There is still a high possibility that the market will continue to return to 66000/3200.

Therefore, my advice to my friends in the Thirteen Circles is: in addition to keeping long-term positions unchanged, focus on risk aversion.

We are here to invest, not to gamble. Even if the news is good after tomorrow, we can still find opportunities to enter the market on the right side; if the news is bad, we also have enough bullets to buy at a low price.

There is no end to making money, so don't take too much risk for the sake of short-term profits.

2，

Although Thirteen is not optimistic about the direct approval of the Ethereum spot ETF tomorrow, he still hopes to be slapped in the face.

Important news just happened: BlackRock submitted revised application documents for Ethereum ETF and gave up the right to pledge Ethereum.

Was there a compromise? If so, the chances of passing it tomorrow would increase significantly. ​

This is extremely beneficial to both the investors of Shisanquan and Shisan himself.

At least the numbers in the account look particularly beautiful, and Thirteen's self-media traffic is also greater, because investors always like to join in the fun. When the market falls, no one cares, but when the market rises, they will rush in.

The reason for the SEC's change of attitude this time was also mentioned in yesterday's article.

Now Trump's campaign team openly accepts donations in mainstream currencies such as Bitcoin, Ethereum, Sol, USDC, etc. as presidential campaign funds.

Trump has made it clear that he will reduce regulation of cryptocurrencies and promote technological innovation.

The benefits of doing so are obvious. Not only can it increase the channels for obtaining funds, but it can also win the hearts of people in the cryptocurrency circle, and their votes will naturally be cast for Trump.

Biden has also begun to express friendliness towards cryptocurrencies recently, but we have seen the SEC's suppression of cryptocurrencies over the years, and we don't really believe him anymore.

Of course, the cryptocurrency circle is a niche group after all. Many people who left me messages are right, but they cannot have a decisive impact.

But with the entry of Wall Street capital, the impact will not be too small.

3，

Thirteen boldly predicts that tomorrow the SEC's final result for the Ethereum spot ETF will be to pass the 19b-4 document, but the approval of S-1 will be slowed down.

It will not be passed until August, only because of BlackRock.

Therefore, regardless of whether it passes or not, the market should not fluctuate too much, and it is highly likely that it will not return to the previous position of 60,000.

Ethereum starting with 2 may no longer be seen.

Next, our operational thinking needs to move upward. The market is like hitting a ball upwards from the stairs. No matter how the market jumps up and down, it always moves up step by step in a bull market.

This time the market has at least crossed several levels at once.

This is the bull market of cryptocurrency. Now few people come out to spread rumors of a crash, and those who once made solemn promises are now silent.

Over this period of time, Shisan has emphasized countless times that the bull market is still there, and has been criticized by many people. I even blocked many people. How does it look now? Just ask those who have been bearish and claimed that the bull market is gone, is the bull market still there?

Think about those people who got fired because of your speech and became victims of your speech. Does your conscience hurt?

When I think of that time, I feel like getting angry and cursing people.

Every day I replenished everyone's faith and encouraged everyone through articles and Thirteen Circles. Some extremists were defusing their morale everywhere, and I was really angry at them.

Those investors who believe in slander should also summarize themselves: Why did you listen to the words of a young person?

4，

How will the short-term market trend develop?

From a technical point of view, the upper pressure level is 72000 and the lower support level is 68000.

Within this range, you can sell high and buy low. If it falls below 67,500, stop loss in time.

In fact, there is little point in operating at this position, as the market has given us enough time to buy at the bottom.

This position is awkward no matter how you operate.

Thirteen has hardly moved in the past few days, keeping his position empty and waiting for the final result tomorrow.

Any so-called technical analysis, support level, resistance level, golden cross, KDJ, RSI, volume... are all paper tigers in the face of tomorrow's news.

Up and down are all a matter of a moment.

In this wave, Ethereum suddenly rose by 20 points, and many friends slapped their thighs, thinking that they had missed it.

It would be better if we open more at 3000.

Except for insiders and professional institutions, almost no one in the entire market could have predicted this news. Especially since this happened after 3 a.m. when everyone was sleeping, it was normal for you to miss it.

When investing in the cryptocurrency circle, don't try to catch such an explosive opportunity. You need to enter the market slowly during the lonely and cold market cycle. As long as you hold on for a long time, this opportunity is 100% seizable.

I think, as an Ethereum fan, many people have received my psychological massage.

Because Thirteen just got Ethereum, so please pay attention to it. If you have good conditions, you can join Thirteen Circle.

Let’s work together for a great cause!

Come on, people in the cryptocurrency world,

Welcome to: Minus Thirteen Degrees

Let’s go through the bull and bear markets together and see through the mundane affairs of the cryptocurrency world.