Break and then stand! The market has broken through the previous low, and the most dangerous period has passed. The market panic has reached a certain height. It is currently fluctuating slightly in a range over the weekend, and the trading range has also narrowed. The probability of interest rate cuts has increased, and institutional buying has begun.

At present, we need all kinds of good news to help, because the main players have to wait for the Ethereum ETF to come down so that they can accumulate chips at low prices! This also shows that it won’t be too long before the Ethereum ETF boots are launched!

Hangqing will continue to trade sideways over the weekend. In terms of operation, it is not advisable to expect excessive fluctuations. Treat it around the range 55000-57000, and make decisions after the position is broken.

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