Today's News:
US SEC Chairman: Not all crypto tokens are securities
Bloomberg ETF Analyst: Approval of spot Ethereum ETF is issued by authorized institutions
US spot Bitcoin ETF holds 850,000 Bitcoins
US SEC also approved the 19b-4 filing of a spot Ethereum ETF, and trading may start in a few weeks
POLITICO: US House of Representatives members urged the SEC to approve Ethereum ETF
Yesterday's market fluctuated violently, and Ethereum pulled up and then retreated deeply. US stocks closed down in tandem, but the approval of Ethereum ETF helped rebound. In the short term, it is still biased towards positive.
Yesterday's live broadcast and video once again completed the exit of this round of long orders, with the target looking at 3950-4K, and especially emphasized: No matter how large the positive impact of this round is, this range is where everyone should stop profit, and learning to stop profit is always a compulsory course! For more guidance on contracts and spot, you can follow Yixuan Classroom eth395
It is not difficult to see from the above that although the ETF passed in the early morning, the transaction was delayed, which is still a good thing in the long run. The entry of the market makers is very reasonable. In this turbulent time, the harvest is carried out. The rebound of the big cake is about 7W and then it began to retreat, reaching a minimum of 66.1k; after the Ethereum rebounded to 3950 and completed the stop profit, it simultaneously retreated to the needle of 3524. It can be said that it is not an exaggeration to say that last night was "bloody". 24H liquidation of 319 million, of which 227 million are long
Today's thinking continues to focus on the rebound. If yesterday was just a unilateral wash, then there is still the possibility of completing the accelerated sprint next. The support line focuses on 3650. Before the entity falls below, you can pay attention to this place; the big cake is not a reference for the time being because of low emotions. Record a video dynamic in the afternoon, and start broadcasting at 8:30 in the evening. See you there.