Let's look at what ETH said yesterday. Even if it passes, 4000 is the limit in the short term. As a result, it only rushed to 3900 and then began to fall sharply. Today, it fell back to around 3600. It is a positive realization. Some main players took profits and left the market. It was indeed not cost-effective to chase the high at 3900 yesterday. So how to operate at 3700 today?

Ethereum ETF is different from Bitcoin. Ethereum is considered to have passed the ETF product, but no institution has launched it yet. The positive news has not been fully realized. There will be no situation where Grayscale will immediately smash the market after Bitcoin ETF passes. There is still one month left for the main players. After the short-term bulls have taken profits, the subsequent market will be dominated by oscillating upwards. There is no reason for a continuous decline. The market that has been pulled up with great difficulty has been smashed before it has been harvested?

In terms of exchange rate, with the realization of today's positive news, it fell by nearly 2% to 0.055. At present, it can attack or defend, which is a relatively balanced position. Bitcoin and Ethereum have passed ETF, so they will stand on the same starting line in the future. The weight of Ethereum has been prompted. It is difficult for the exchange rate to fall independently in the future. The focus of our layout should also be shifted to Ethereum.

At present, the daily level has closed three lower shadows, indicating that the demand below is still very strong. There will be no unilateral decline after the positive news is realized. The overall rebound is still expected. The short-term support below is 3600, and the short-term resistance above is 3850 3950. Long orders can be arranged near 3700