The bull market is very likely to be led by Ethereum! With the approval of the Ethereum spot ETF, the giant BlackRock may follow the operation of Bitcoin and buy a large amount of Ethereum. This will definitely happen, it is just a matter of time.
Based on BlackRock’s craze for Bitcoin, one can imagine how high Ethereum will go in this wave.
Therefore, no matter what the cost of Ethereum in your hand is, as long as it is below 4000, it is worth holding for a long time. Don't worry about gains and losses and buy and sell frequently. The best way to operate this coin at present is to ignore the rise and fall and only buy but not sell.
Yesterday's market review:
The last few days at the end of the month are dominated by shocks, with pressure levels pulling back, support levels rebounding, and range fluctuations. Yesterday, the opening price of the big cake was 67652, the highest price was 69500, the lowest price was 67128, and the closing price was 68352, with an increase of +1.03% and an amplitude of 3.51%; the opening price of the second cake was 3767, the highest price was 3825, the lowest price was 3702, and the closing price was 3747, with an increase of -0.52% and an amplitude of 3.26%. The intraday fluctuations of the big cake and the second cake are around 3.5%! Today's market analysis: BTC: Bitcoin is still adjusting. It has been said before that it will look down to 66000 and up to 71600. The 4-hour level trend is very important, which is related to whether it will continue to adjust or rise in the short term. At present, there is no possibility of further sharp decline, so it is likely to be a shock adjustment, and then exchange time for space, and finally form a combined force. This combined force is the combined force of the inside and outside the circle, and also the combined force of the stock funds and incremental funds. At the copycat level, we should pay attention to the sports sector, AI sector and MEME, especially meme. Enter when there is a pullback. These are all good opportunities.
The current market is divided into three major modules: BTC and ETH, the two big brothers, and the altcoins and meme coins invested by institutional VCs. The market thought that after the Ethereum ETF was passed, it would finally be the turn of altcoins to rise, but within a few days of rebound, the funds returned to meme.
The mainstream is still Bitcoin and Ethereum. Institutions have been manipulating market prices. Retail investors' purchases do not constitute fluctuations in the market at all. The market can only fluctuate due to market news. The copycats incubated by VC institutions have generally overestimated market capitalizations when they go online. In fact, they are constantly releasing circulation, and a rebound is an opportunity for bankers to sell. For us retail investors, there is currently only one meme sector to choose from. Although everyone knows that it is an air project, the market's heat is here, and retail investors just like to chase high prices!
There is rarely a large influx of funds from ETFs and stablecoins into the market. The market is now in a state of complete liquidity depletion. There are not many positive or negative factors. It is completely a process of emotional game until the macro news changes. Then there will be news of interest rate cuts, and then there will be the general election!
#MegadropLista #meme板块关注热点 #5月市场关键事件 $BOME $BTC $AR