Bitcoin adjustment is over, ETH continues to exert its strength!
I said before that the callback of Bitcoin has come to an end, and it will continue to hit 100,000 this week. This rebound is still quite powerful, stretching from the low point of 90,800 all the way to above 9w7. It seems that I have made reasonable operations here. The current line is very stable, and it will continue to move upward this week.
The 27th is a day to clear shorts. There must be people who are impatient to be air forces when they see the Bitcoin market callback a little. As a result, after touching the support of 90K, it immediately killed the horse gun again. The air forces had no time to react and watched it pull to 97 and exploded. I talked about the low-long before the callback. No matter whether it is the second or the first, don’t think that 100,000 is the top. I have always insisted that the bull market does not talk about the top and short less.
What surprised me most was not the pull of Bitcoin, but that Ethereum could keep up even in this market. Ethereum has reached a high of $3,684, which means that Ethereum is very strong. The rebound that has lasted for a week is still continuing. I hope that Ethereum will maintain its trend in the future.
At present, the options market has also begun to be bullish on ETH, and believes that the subsequent explosive power will exceed that of Bitcoin. Considering the subsequent loose policies, Ethereum's pledge ETF is coming.
Recently, pledge and re-pledge projects such as Ethfi Eigen Rez Ldo have risen like crazy, which is equivalent to adding another wave of gravity to off-market funds. I am very optimistic about the subsequent trend of Ethereum. At the same time, Ethereum's bullishness will also promote the arrival of copycat bulls. We can look forward to it together.
