Dabing Mentougou
Ether ETF is online
Biden is going to be in trouble?
Market chaos, long or short?
Tonight, ETH ETF will be listed and has basically been approved by the SEC. The current market situation is as follows:
BTC situation:
Upper pressure: 70,000 and 72,000 are short-term resistance levels. Lower support: 66,200 is the key support, and if it falls below, pay attention to the 65,000-65,700 support range. RSI indicator: Falling back to around 60, it is unlikely to touch the overbought area of 70 in the short term.
ETH situation:
Upper pressure: 3670 and 3900 are short-term resistance levels. Lower support: 3440 is the key support, and if it falls below, pay attention to the 3400 weekly support level. RSI indicator: Staying near 57, the market's enthusiasm for ETFs has decreased.
Summary:
The news of ETF approval did not cause much reaction in the market. It is necessary to pay attention to the market situation after the opening, such as Grayscale selling pressure and the "Sell the news" phenomenon. As long as the key support is not broken, it is basically fine. Wait patiently for the subsequent trend.
Finally, there is also good news to tell you. Personal news is that there is a project that is ready to do market value ambush. The coin brought old fans into the market at the end of last year and left in March this year. It took 7 times the profit and left (old fans who have guessed it are confidential). Small-scale action, OK, those who have bullets, like and follow the comment "168"
