After the Bitcoin spot ETF was approved this year, BTC rose and fell, and rose to 74,000 after the correction; today, after the Ethereum spot ETF was approved, ETH also rose and fell. Generally, after the approval is passed, many people will go long when they see the good news, so there will be a deep wash and kill the contract. Only after the wash, ETH will usher in a big rise, and then refresh the previous high and set a new high. Therefore, a short-term deep correction is the best time to add spot positions.
ETH has stepped back to the 3680-3660 area, which has been supported three or four times. At most, use a bullet within 6% to absorb low, and stop profit at 3702-3742. It is more appropriate to wait for 3560-3530 to enter in batches.
Doge is linked to ETH, and it is suitable to enter the 0.15350-0.15185 range in the short term. The single currency position does not exceed 15%.
JTO's two pullbacks were both near the 120-day moving average, and then it stopped falling and rebounded, and the rebound amplitude was nearly doubled. It is recommended that Ji Tou can ambush and buy low near the 120-day moving average, about 3-3.4, and you will make money if you buy it!
