There are still people in the crypto market who use technical indicators for analysis, which is still at the technical level.
Let me put it this way, everyone should understand that the entire crypto market is like a lake, and BTC is connected to the ETF pipeline, which has a continuous influx of external water to pull it up.
Ethereum is repairing its pipelines and waiting for the opening of ETFs. (If it doesn't rise, it will be criticized by various FUDS. How can water flow if the project is not completed? Do you think the market is still in its early days?) The builders are institutions such as BlackRock, and they are working diligently to build this project.
The rest of the cottages are full of potholes. The strong contractors can get some water to drink, while the weak ones can only wait for the flood! (So some cottages have strong pull-ups, but most have no rise)
Water is dollars and lakes are markets.
Limited water resources can only support BTC. Even if you have ten thousand reasons not to buy BTC, you still have to bear ten thousand points of critical damage from the market!
Written on the eve of the outbreak of cottage industry, after the wash, it officially entered the bull market
The second half of the bull market is slowly opening, and the most exciting moment is about to come!
The Ethereum relay, the Ethereum ETF narrative in May.
Sun Yuchen hoarded a large amount of ETH, and Hong Kong passed the Ethereum ETF.
Ethereum ETF passed (funds opened entry)
Ethereum Prague Upgrade (Technology Innovation)
The emergence of phenomenal applications based on L2 (Etherium Layer 2)
Prague is another important technical upgrade node after Cancun, focusing on staking (re-staking and trustless staking pool), account abstraction (wallet flow entry), and other system performance optimizations. It is expected to be implemented on the Ethereum testnet in the third quarter of 2024 and completed on the mainnet by the end of 2024. After this upgrade, staking and user usage will have a qualitative leap. The internal financial system and external flow circulation are the core driving force for the Ethereum price, and the funds that continue to flow in in the second half of the bull market continue to rise.
Ethereum-related currencies: ARB OP SSV STRK ETHFI RPL will all see good growth#ETF交易机器人 #大盘走势 $BTC