There are only ten days left before the Bitcoin halving countdown. Both newcomers and investors in the currency circle are full of expectations and nervousness. History tells us that Bitcoin often experiences a short correction after halving, followed by a gradual rise.
Now, the price of Bitcoin is in a consolidation phase, suggesting the arrival of a big market. Technical indicators show that Bitcoin may rise after a correction. The key is that as the demand for Bitcoin increases, market liquidity gradually becomes tight and inventory decreases, which provides strong support for price increases. At the same time, the growth in demand for Bitcoin ETFs may also become a new driving force for price increases.
On the other hand, the approval results of Ethereum ETFs are also about to be announced. Although Ethereum has recently completed important upgrades, the market focus has shifted to Ethereum ETFs. Many investment institutions have expressed their views on this, and the predictions about the approval time are also different. However, it is certain that the approval results of Blackrock's Ethereum ETF will be announced in August 2024, which will have an important impact on the future of Ethereum.
In the bull market, we have formed the best small circle in the whole network, sharing our experience and strategy for free, and keeping up with the deployment of the bull market, whether it is a slow bull market or a sector rotation, we will never miss it. In addition, during this period, we have selected a potential coin in a hot sector and are ready to ambush. During the halving of Bitcoin, it is likely that it will be more than ten times. Non-public →快速通道
