The exchange rate between Bitcoin and Ethereum also shows signs of a major bottom on the monthly chart.
This indicates that Bitcoin's long-standing "vampiric" siphoning effect pattern may be broken, and Ethereum is expected to emerge in the next round of market activities.
From a long-term trend perspective, all short-term price fluctuations will eventually be smoothed out by the market,
and the spot premium index also shows signs of stabilizing at the bottom.
Compared to the levels before the U.S. stock market opened on Monday, although the price has slightly decreased, the premium has increased.
This phenomenon indicates that the proportion of futures has started to rise among the forces driving the dominant price down.
Conversely, the proportion of spot buying has also increased among the forces driving the dominant price rebound.
This is undoubtedly good news for the bulls,
as it suggests that the market may soon welcome a wave of rebound, or at least a false breakdown shakeout action, laying the foundation for subsequent upward trends.
Yesterday, fans entered long positions around 3315 for Ethereum, and both targets have been reached.
Once again, profit-taking!!!
Recently focused on altcoins: SUI, UNI, CRV.
Regardless of the trend, the big player has a strategy to operate.
The previous wave of market layout with DOGE, XRP, CRV, APT, OP, UNI, LINK, EIGEN, ENA, etc., has also achieved good returns, with no fewer than five assets doubling!!!
In the upcoming layout, the big player will continue to guide fans to invest in promising doubling projects during this period, buy below 111!!!
The big player has recently been monitoring a target that has been washed for a while and is nearly at a suitable level.
A wave of trading should yield about 40%+
