The recent news about the Bitcoin ETF has triggered market funds to speculate on BTC in advance. It was previously mentioned that as long as the rise of Bitcoin can continue without weakening, other sectors will follow suit, and even trigger a larger decline. Rebound market.
It was previously expected that ETH would retrace the lows of the previous wave on the right and create a trend of inducing shorts when it falsely fell below. However, when it retraced the lows of the previous wave, it stopped falling and started to rebound. Overall, although the trend of inducing shorts did not appear (except for (expected), but the overall larger rebound is as expected (white dotted line). The overall current upward trend is in the intensive holding range. After the overall high-end shock is sorted out, with the high-end shock of Bitcoin, the market outlook will be able to make up for the increase.
#etf
