$BTC $ETH The market has pulled up slightly since the Ethereum spot ETF passed yesterday. Affected by the Mentougou currency transfer, the current bullish momentum has weakened, but the increase in off-market funds is visible to the naked eye. The technical logic of the current callback is still a small-level correction of divergence. The four-hour support range of the big cake is between 63,000 and 65,000, and the pressure is 67,500. It has already experienced a breakthrough test, and the continued fan rebound will likely touch the 70,000 high pressure range in the future. It is expected that the fan rebound bull test will continue after the short-term two-day adjustment.
The oscillation range of Ethereum after the ETF is still maintained in the range of 3380 points to 3550 points. The Ethereum spot ETF is passed for a long time, and it will follow the route of a long-term fan rebound after a short-term weak decline. Grayscale's selling pressure will gradually increase after tomorrow, and it is expected to end within a week at the earliest. The overall trend is positive in the long run, but if it goes down in the short term, just be bold and take the goods.