If nothing unexpected happens, Ethereum ETF will be officially listed next week.
Do you want to ask if this expectation is overdrawn in advance?
There is definitely an overdrawn, but the impact is not great. The important thing is that from now on, there will be two bases - Bitcoin and Ethereum, and there will be a steady flow of funds from traditional finance (US stocks).
It doesn't matter if there is one more or one less fluctuation.
In the morning, Ethereum continued to fluctuate at a high level and did not effectively stand at the 3500 line under pressure to go down. At present, the price is running within the moving average and fluctuating to choose a direction. Unless the price breaks through the 3500 line again, it will be considered strong. It can be seen above 3630, but the current rebound is not strong and has stopped below 3500 many times. As long as it breaks again, you can chase more.
Of course, I personally think that it is difficult to effectively break upward in the current market. It is more inclined to step back to 3320 to confirm support. If it is effective for the second time, it will be weak. I personally think that even if the white market rebounds, it will be difficult to effectively break through the 3468-3480 area and continue to weaken. It is recommended to be mainly high in the white market.
Today, both long and short positions are possible. It is not an important position. Anyway, don't hold it for a long time.
Morning observation: wif, sats, sol...
So, again, this period is really a good opportunity to layout
The market has stabilized, Lao Li has been studying the target for a long time and started to layout immediately
Each is expected to have an increase of more than 30%
If you like spot and have more than 1000u to layout
Leave a message in the comment area, let me see it!!!
Free to take you...
