The crypto market in 2024 is both difficult to grasp and full of opportunities.
First of all, the birth of Bitcoin spot ETF has completely changed the pattern of the crypto market. The approval and listing of Ethereum spot ETF will have a profound impact on the market pattern again.
LTC
SOL and other currencies are also expected to enter the ranks of future ETFs.
Therefore, 2024 will be a diversified sector rotation market, and changes in data about ETFs will affect market trends at any time, and the sector effect is particularly prominent.
The approval of Ethereum spot ETF has led to the rise of many related currencies, especially those that have been silent for a long time, such as ETHFI, CEL, AAVE, SSV, etc., which rose when the Ethereum spot ETF was approved.
Therefore, the crypto market is essentially a "news market", and news dynamics will influence market trends at any time. The recent market performance also once again shows that a single moving average or K-line theory may not work, and it is necessary to pay attention to changes in the news.
Paying attention to news and mastering first-hand market information is the key to success in this market. Follow me to get the most cutting-edge market information.
