Now go long on Ethereum and altcoins, and Ethereum will see 5300! In terms of time and news, it has been half a month since the last Ethereum ETF news. The S-1 of the second half of the Ethereum ETF at the end of the month should be approved! After S-1 is passed, Ethereum ETF will be listed soon!
Technically speaking, the altcoins did not fall below the weekly support level, and the previous waves of declines washed out a lot of long leverage, and the car became lighter and could be pulled up!
In terms of funds, during the BTC fluctuations in the past three months, the main players sold a lot of goods at high prices, freeing up a lot of funds. The main players who made profits on BTC are now entering Ethereum and altcoins. With the thorough approval of the Ethereum ETF S-1 part at the end of the month, this news can start to pull up!
Prerequisite: BTC does not continue to fall, and fluctuates in a narrow range in a range
Risk: BTC continues to fall, causing a comprehensive collapse. Stop loss! If BTC falls below the platform support level of 66,000, stop loss immediately!
Reject high leverage! Do not exceed 3 times! Trading discipline must also be observed!
I recommend two altcoins that I am optimistic about: OP and UNI, one is Ethereum Layer 2, and the other is Ethereum Dex.
