Here's is the latest analysis of $ETH and $BTC :
Over the weekend, the market was fairly illiquid, leading to a relatively uneventful period. However, following news from Iran, there was a minor downturn, prompting concerns of a repeat of April 13th, though the impact wasn't as significant. With the new week, both ETH and BTC have seen a notable uptick.
In my view, ETH is poised to outperform BTC in terms of ROI as we near the ETF launch. This has led me to invest in altcoins like ETC, $ENA, and PENDLE, which are strongly correlated with ETH. Currently, the resistance at $3,200 for ETH is still holding. If this level is breached, we could witness a substantial rise.
I believe the potential ETF rejection has already been factored into the market, so there's little cause for concern. Any decline following the rejection news should be seen as a buying opportunity. On the BTC front, as long as macroeconomic data remains positive, there's no reason we couldn't see new all-time highs. Make sure to prepare accordingly, everyone!
