The recent focus is on Ethereum ETF. Will the positive news become negative news? This is the most concerned topic.

First, let me share my personal opinion: I think it will be a long-term positive and can drive the market to rise further.

Ethereum has always been a pioneer in the altcoin bull market and has continued to lead since 2017. However, from 2023 to July 2024, although the market rose several times, many people did not enjoy the bull market dividend, which was attributed to the mediocre performance of Ethereum.

Even if the Bitcoin and Solana ecosystems are prosperous, the overall currency circle is still dull and lacks a bull market atmosphere. The upcoming Ethereum ETF may become the key and is expected to completely ignite a new round of bull market craze.

The market has I have been longing for a big bull market, especially after the deep wash from March to June, which has made people fall into extreme fear

For the financial market: it is a key reference factor for bottoming out

Because the yang will be born only after the cathode, this is an eternal truth, whether you believe it or not

Many people think that the financial market is gambling, but in fact, my view is completely different. I think this industry is the place where ordinary people can best understand the sinister nature of human beings and the laws of nature

Because finance deals directly with money, money is the touchstone, no matter how you cover up in real life, you will be beaten here Back to the original form

So, whether you lose money or make money, it is all experience. Only by taking your own human nature seriously can you truly enter the door of trading, and only by living long enough can you make money

Just like the recent market, it seems that it will bottom out again. The market is also bearish, plus long orders are constantly being liquidated, and the German government is selling a large amount of Bitcoin, etc.

Everything is telling everyone that Bitcoin 53,000 US dollars and Ethereum 2,800 US dollars are not the real bottom

But in just a few days, the market has ushered in a reversal, Bitcoin has returned to 67,000 US dollars, and Ethereum has returned to 3,500 US dollar

In fact, from the weekly chart, Ethereum has fallen three times in a row to test the bottom of 2800, and the bulls have held it, and this time the bulls are the strongest wave

Ethereum ETF is ready to go, coupled with the Fed's expectation of a rate cut in 2024, indicating that the real big market is about to start

Looking back on 2023, the pattern of the strong getting stronger is highlighted. The bull market of the sector requires the selection of currencies, otherwise holding the currency is like holding a dilemma, which tests the wisdom of investors, otherwise holding the currency is more difficult than holding a widow #比特币大会 #美联储何时降息？ $DOGE $TIA