$ETH What is the biggest certainty at present? It is the Ethereum spot ETF. The current short-term market panic has already hit the price of Ethereum before the ETF. What we need to make sure is that there is no problem with the fundamentals. It is just caused by market behavior. Therefore, the decline is actually an opportunity for us to layout.

As for the recent news of Mentougou's debt repayment, there are two forms of repayment discussed in the market. One is to repay BTC directly, which will reduce the market supply much, and the other is to repay the gold standard, which requires selling all BTC. Most people choose to receive BTC, so the overall impact is smaller than expected

The most important point is that Mentougou only affects BTC and BCH, and there is no liability for ether. Therefore, when the big cake fell again in the early morning, ether did not reach a new low. We still focus on ETH/BTC, which has now reached above 0.055, waiting for the ETF to be listed and funds to start flowing in. The target is still above 0.06

In general, the only one with relatively high certainty is ether. The market sentiment is poor and stability must be sought. Sun Ge has been buying ether for 4 consecutive days, and the cost is above 3400. You can doubt Sun Ge’s character, but you can’t question his vision

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