Let's talk about the current mainstream market

Today, Bitcoin is facing the recovery of the important support of 64,000. Why is it 64,000? As you can see from the market, 64,000 is not only the support of the lowest price of the previous target. Today, the rise and fall of the market has entered a very critical day. So this is Bitcoin, and today we focus on the fight for 64,000.

The support of 3,400 for Ethereum is very important. We have seen that it has been repeatedly fought over at 3,400 recently, but it has not effectively broken. Relative to the market, Ethereum is actually much stronger than Bitcoin.

Recently, the Shanzhai fell to the point that many people are doubting whether there will be Shanzhai bulls in this round. Here we can say for sure that there will definitely be Shanzhai bulls. Why? Historical experience tells us that in the currency circle or in the bull market of stocks, there will be sector rotation. The core of sector rotation is actually the rotation of funds. Now, Bitcoin has reached the 70,000 mark, so the hype of ETF approval has basically come to an end. What should be the focus of hype in the next stage? That is the approval of Ethereum's ETF. The approval time is about July 2, which is a time node, and the latest is August 2. Why is it August 2? Because there will be an application for BlackRock's ETF on August 2.

As we all know, BlackRock's ETF has a very high success rate in history. You can see that this round of BlackRock's ETF for Bitcoin has given us a precedent. Now, if you have a position of funds, large funds can consider it, for example, Ethereum goes down from 3,400. For every $100 drop, you enter a 10% position. If it drops by $1,000 and falls to 2,400, you will fill the position. I think it is not realistic for Ethereum to fall to 2,400, so large position funds can rest assured to deploy Ethereum. It is better to buy Ethereum than to buy the top 30 currencies in market value. It is said that Sun Ge added tens of millions of dollars of Ethereum yesterday. Sun Ge is still good at bottom-fishing every time. In addition, take 20% to 30% of the funds to rotate the cottage, and it is easy to achieve a double or triple bottom in the bull market.

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