At present, ETH has four major benefits:

1. Institutions such as BlackRock, Grayscale, and Franklin have submitted updated S-1 application documents for spot Ethereum ETFs.

Combined with previous news, it is said that the ETH spot ETF will be launched in July, and this launch should be stable.

2. Last week's ETH developer conference determined the time for the Prague upgrade, which was set in November.

Generally speaking, ETH upgrades are hyped for half a year, and now is the right time to lay out.

As for what benefits the Prague upgrade has? K God will talk about it later.

3. The total amount of ETH pledged has reached the highest.

The more pledges are locked, the less tokens are in circulation, and the more benefits there are for tokens.

4. The exchange rate of ETH/BTC has been stable above 0.005 for a month.

For the exchange rate of ETH/BTC, 0.005 is a key position. As long as this position is not broken, the bullish sentiment for ETH will not stop.

In short, although the Mentougou incident caused a significant drop yesterday, for ETH, it was only a 5% drop, proving that the bearish sentiment of ETH is not serious, and no matter what Mentougou says, it will not compensate ETH, and the funds may flow to ETH after the compensation.

So, if you don’t know which currencies to operate at present, then buy: ETH. The current price is 3360, and you can make a layout. If it falls, you can make another layout, and the more it falls, the more you buy.

Pay attention to the introduction, bull market strategy layout, share various passwords, and take you to learn more about 100x coins!

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