With the news that BlackRock applied for#Ethereumspot ETF, the market environment has changed slightly, and funds will pay more attention to the growth of#BTCand #ETH. Although the ETH exchange rate has rebounded, the main narrative is still on BTC. From a macro perspective, if the Fed continues to maintain tightening, it will inevitably affect the ceiling of the currency price.
Reposted from @Phyrex_Ni