Market Analysis

$BTC : Bitcoin is forming a trend of main uptrend. After May, the crypto market will usher in a trend of continuous rise, but it will be slightly weaker in the third quarter. The Bitcoin ecosystem is rising. The more Bitcoin rises, the greater the opportunity of the entire ecosystem will be, because institutions pull Bitcoin, and retail investors who cannot afford Bitcoin will consider the ecosystem, so it will further promote the related ecosystem.

$ETH : Last night, the chairman of the SEC said that the ETF stage will take some time. This time, the attitude has become significantly milder than a few weeks ago. He did not say anything about securities or fraud. This is good news in the currency circle, and it should not be too long, so it is entirely possible at the end of June and the beginning of July. This is the reason why the ETH/BTC exchange rate rose yesterday. Next, there will definitely be continuous speculation around ETFs. As long as the market can stabilize, the trend of Ethereum will definitely not be too bad before the ETF is listed.