Yesterday, Ethereum experienced a day of rallying, rebounding more than 400 points from the bottom around 3250 to 3688. There is some resistance around 3700, as there are some trapped positions above after the previous Ethereum ETF approval, so this position will likely need to digest before continuing to push higher.
From the perspective of catching up in rotation, ORDIs have yet to start, but perhaps once it explodes, it will be a significant rise. It's worth looking forward to, as this project once led a small bull market. So, buy when no one is paying attention, and don't chase high prices when it starts to rise! The upper range can be seen at 50~60, and currently, it is only at 40, making the cost-performance ratio still very high!
US stocks are closed tonight, so Bitcoin should mainly fluctuate today, with a focus on opportunities for altcoins to catch up.
Yesterday was a day with considerable short liquidations, with bulls regaining some ground. The market is rotating, so don't switch positions arbitrarily; there are opportunities for catching up everywhere!
