Market Analysis

$BTC : After a brief adjustment on May 24 and 25, Bitcoin has re-entered an upward trend. This was mentioned in the analysis last week, but this upward trend will be slow, and only a bull market will violently pull it up. In any case, as long as the market performance does not continue to fall, the market of the cottage market will continue to exist. Next, Bitcoin will try to break through the 70,000 mark again. It is estimated that it will break through again this week and then continue to rise, so everyone must hold the spot, and the liquidity can be used to play memes at will. Large amounts of funds must be mainly high-quality assets for long-term holding.​

$ETH : The news of ETF 19b-4 approval has been fully priced in by the market. After a brief fluctuation on Friday, the upward trend officially started over the weekend and soon broke through the 3900 mark. The next goal should be to rush to the previous high of 4093 in this round of bull market. Considering that the approval of S-1 may take 2 weeks or even more than a month in the future, it is expected to be very conducive to rising and breaking through during this period. It is highly likely that a new high will be created within two weeks. If there is no problem with the macro-economic situation and the expectation of interest rate cut is carried out normally, ETH​ may even have a chance to touch a new historical high.