The bullish trend of Ethereum remains unchanged, and the small-level upward trend structure has not been formed. It is likely to be in the B wave oscillation, and there may be a C wave falling to around 3600.
The optimistic direction is the inner compass and the driving force for progress. As long as we have firm beliefs, persevere in our efforts, and are not afraid of difficulties or failures, the seemingly distant goal will eventually become a reality with our persistence. Every step is a step towards the goal, and every effort brings us one step closer to success. Therefore, we firmly believe that as long as we persist, we will definitely realize our dreams. #ETH #5月市场关键事件 #新币挖矿 #BTC走势分析 #现货以太坊ETF获美SEC批准
At the daily level of Bitcoin, KDJ and MACD continue to shrink. Although BOLL continues to fall overall, the lower track shows a small upward technical change, and the short-term tail volume signal appears.
Ethereum has a painting door and clear sky during the day. According to the large-scale trend, the short-term coin price is still in the box structure to make a "high-throw and low-buy" box shock adjustment. So here we still follow the low-multiple view of the large-scale trend line.
From the 12-hour level line, the KDJ and MACD indicators of Bitcoin and Ethereum fluctuated upward, and the volume of the guillotine was reduced accordingly. The current upward range of the lower track of BOLL is greater than that of the daily Bollinger Band. The trading idea in the early morning is to step back and do doubles. The specific points can be referred to:
Eric Balchunas said it is reasonable that a U.S. spot Ethereum ETF could launch by the end of June after BlackRock and Grayscale updated their filings. A mid-June launch is unlikely, and the latest expected listing date for the product would be July 4.
Balchunas' expectations are influenced by the timing of the issuer's S-1 statement. He commented on BlackRock's May 29 S-1 amendment, which he noted did not include fees and other important data, making it a near-final version.
Grayscale filed an S-3 amendment for its funds on May 30, updating the funds to explicitly prohibit staking. The two statements mark one of the last necessary steps before these funds begin trading. #5月市场关键事件 #新币挖矿 #BTC走势分析 #现货以太坊ETF获美SEC批准 #MegadropLista
In fact, Bitcoin has not made much movement in the past two days, and the continuous low-level fluctuations are accumulating momentum for the next upward movement.
The rebound from the bottom of 67100 in the day is only a 1200-point increase. In the short term, it will continue to fluctuate upward.
At the daily level, the trend of the kongtou is weakening, and the kongtou volume is decreasing. It is likely to slowly expand to around 69,000 in the future, but there will be no sudden expansion.
How do you view the changes in the industry development after the Ethereum ETF is approved? First of all, let me say the conclusion: In my opinion, the market will usher in a long period of "copycat" season, and the bull market is in full swing, but the process will not be so beautiful. Why? Next, let me talk about my personal observations:
1) The market response after the Bitcoin ETF was approved was not as grand as expected. The violent bull market that everyone expected did not come as expected, but it is obvious that the volatility of Bitcoin has decreased, and the market's ability to bear is getting stronger. The mysterious power of Wall Street behind it has become everyone's "bottom-line" guarantee for the stability of Bitcoin.
Because BTC is a pure asset attribute, it lacks a complete ecological support behind it. The secondary market expectations of BTC seem to be out of touch with the primary market that everyone is building. In the short term, BTC's "gain" effect on the market cannot be extended to the primary price investment market, especially to the mainstream Ethereum Lego ecological market, and the correlation is even weaker.
However, the approval of the Ethereum ETF is very different? On the one hand, ETH's deflation will directly affect the activity of the primary market. Ethereum price growth, layer2 The advantage of low gas will be highlighted and will indirectly drive the development of the layer2 market. The reduction in Ethereum circulation will intensify the internal circulation of Restaking and AVS interest-bearing tracks and drive value growth. Ethereum is in the hands of incremental funds and is used to invest in and support compliant top DeFi projects, etc.
If this example seems far-fetched, you just need to understand that the value of Ethereum today is little by little generated by this huge primary Build market behind it. On the contrary, ETH's own asset price and circulation audience will also bring a steady stream of users, funds, and talent resources to the industry ecosystem. This is the fundamental reason why Ethereum ETF will relatively promote the arrival of the "copycat season". #5月市场关键事件 #新币挖矿 #BTC走势分析 #MegadropLista #现货以太坊ETF获美SEC批准