$BTC
Ethereum spot ETF is about to pass❗
Breaking 70,000 is no suspense❓
Will there be a 10,000-point correction❓
After this wave of 10,000-point rise, the market has started to charge again after a short correction. Don’t be too comfortable in the past two days when you receive chips at the bottom
After two days of slowing down, the US stock ETF made a great effort yesterday to make a net inflow of 384 million US dollars. This time, the leaders are Fidelity with 141 million US dollars and BlackRock with 116 million US dollars
The market currently believes that the Ethereum spot ETF will definitely rise again next week on July 2 Approved on the 3rd, so the market sentiment will continue to rise
But according to history, after the approval of Bitcoin ETF, Bitcoin surged from 43,000 to around 49,000, and then directly adjusted back to 38,500 by 10,000 points
This wave of Ethereum is also expected to rise first and then fall. Grayscale's Ethereum fund holds 10 billion US dollars, and the management fee of 2.5% has no advantage compared with other funds. Other management fees are basically around 0.25%
However, Grayscale used its 10% stake to launch a mini Ethereum spot ETF, with a management fee of only 0.15%, which will greatly take up the selling pressure of those who want to change the management company.
Although history is surprisingly similar, it is possible that the dog dealer just doesn't take the usual path, that is, he doesn't pull back, and continues to pull up to let those who miss the opportunity to chase the rise.
I predict that after this wave passes, the price of CNY may rise to 69,000 in the short term, and then consider a correction. If there is no other negative news, the amplitude will not be too large, and support will be found at 65,000.
So my suggestion is to go long at a low point before the information is released, but it is best not to touch the contract after the information is released.
For spot, find a high point to stop profit in batches, only take out 50% to stop profit in batches, and do not move the remaining 50%. The short-term band is very likely to wave.
The selling point can focus on the weekly KDJ. The daily indicator is too sensitive for the spot party. It is a better choice for the weekly KDJ to stop profit in the overbought range.
Just like this wave of rise, if you have made money from the band many times, you can calculate whether the band earns more than you buy at the bottom compared to the current price. Most people are flying.
This market is a market for lazy people to make money. Choose the right target, lying down is more comfortable than working. After a set of operations, you can see 250 everywhere.
This round of bull market is crucial. It will become more and more difficult if you don’t catch it.
