Is the long-awaited season of copycats approaching?
We have been eagerly waiting for two years, is the season of copycats really coming?
Firstly, today ETH successfully broke through the resistance level of 2820, and the DEFI sector has risen sharply. At this time, funds are starting to flow from BTC to the ETH sector, and BTC.D is sharply declining.
Secondly, ETH/BTC has begun to stabilize, which is a trend change of great significance. It may end the continuous depreciation of the exchange rate that has lasted for three years, ushering in a strong period for ETH.
Thirdly, the market's focus has shifted from inscriptions to MEME, and now it has arrived at DIFI.
Fourthly, since ETH has broken through 2820, we no longer view the market bearishly. I have already bought some ETH, but of course, there still exists the possibility of a false breakout. If the weekly K-line closes with the body still breaking through 2820, then I will go all in on ETH and DIFI.