It's too late!!! $ETH Open more, open more, open more!!!
In order to open more, I will summarize three points:
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First, the options market will usher in the special 28-day delivery period in 8 days, with a nominal amount of more than 6 billion US dollars, of which the bullish amount is as high as more than 4 billion US dollars. This is a considerable data for the current market, and the short-term pain point is 3,500 US dollars. For now, the price cannot be too much lower than 3,500 US dollars.
Second, the probability of Ethereum ETF passing is still increasing. There are still 13 days before the application on July 2. Another news means that the SEC believes that ETH is not a security, so the potential benefits of these data exist.
Third, the sentiment of Ethereum in the market has been weak since the beginning of the year, because the passage of BTC's ETF also indirectly led to ETH being bearish by most people, so the above second day may also change some people's views on ETH.
Looking at the ETH chart again, the daily line actually touched the MA-100 position twice and closed at $3,350! ! It can be seen that the support at $3,350 is relatively strong, and the MACD short volume is shrinking.
So I think the above reasons for going long on ETH now, and short-term fluctuations may be affected by US stocks, and firmly adhere to the self-first ideology!
