Let me briefly talk about my views on Ethereum ETH. Today is the last day of May. June is coming, which is also the alt season we are looking forward to. We can gradually ambush some alts, hold them for the long term, and wait for the month of outbreak. Well, back to the topic, as S-1 documents begin to be submitted one after another, it is predicted that the US spot Ethereum ETF will be launched at the end of June or early July, and BlackRock has updated its iShares Ethereum Trust (ETHA) S-1 form to the US Securities and Exchange Commission, which also increases the possibility that the ETF may be launched in the near future. Apart from the news, we can see from the figure below that Ethereum has performed relatively weakly recently. The three consecutive days of negative closing indicate that the selling pressure above is very large. The 1-hour chart forms a falling channel. Using Fibonacci as a reference, this wave of callback needs to be called back to around 3400 without the influence of data. The support near the 50 line has been tested on May 23, so the callback is predicted to be around the 38 line, that is, around 3400 mentioned above. This will take a few days. When the callback is in place, it is time for us to enter the market again. #ETH🔥🔥🔥🔥 #BTC☀