Now everyone is waiting to see whether the ETH ETF will be approved on the 23rd, which is tomorrow. The market currently expects it to be approved, but whether it will be approved in the end still needs to wait for the specific news tomorrow! This news will also likely determine the market in the next 1-2 months. We will not make a prediction now, just wait patiently for one day! The price of Bitcoin is currently around 70,000, which is only about 5% away from the historical high of 73,777. Brother Yu said that 100,000 US dollars is bound to be broken! Bitcoin is currently around 3,800, which is less than 300 US dollars away from the high of 4,093. The bull market must be there, and the crazy bull market has not come yet!

Pressure and support of intraday market

BTC pressure 70800/71900/73700

Support 69800/69000/68200

ETH pressure 3840/3900/4000

Support 3750/3680/3600

Spot sector market analysis

Ether took off, directly driving the second-layer concept of currency

ARB series, OP series, L1/L2 sector, this is also the key sector that will inevitably be hyped in the future. As long as Eth's Etf passes, the currencies in these sectors will inevitably rise sharply!

Although the big cake and the second cake have been pulled back, many altcoins are still at the position of the last round of highs, don't worry, the pull is in an instant, and there are many altcoins that have risen by dozens of points in the day, so just hold patiently and wait!

Focus on Op

Get on the spot near 2.72, and cover the position in batches of 2.5 if there is a retracement, mid-term!