ETH's trend is obviously much stronger than BTC. Since the 30th, after testing the support of 3700, the low point has been moving up, and it has been in an upward channel at a small level.

Adding the impact of PCE data, it is a small positive for the currency circle. However, the financial markets are all falling, and gold and the US dollar have both fallen significantly. Bitcoin has been brought down as a whole. After the news is absorbed, it will still bring upward momentum.

ETFs are expected to have room for speculation as long as this news has not been implemented. We have mentioned before that the current level of Ethereum, compared with Bitcoin, still has great room for catch-up. It has not even hit the high point of 4,800.

As for the exchange rate, it can be seen that it still rose yesterday under the condition of small negative news. When the exchange rate rises, the market share will also rise. Any callback is an opportunity. The current market is driven by ETH, and this situation will continue until the ETF is listed.

In the case of daily sideways trading on weekends, we still put the support below at 3750-3700. The support here has been verified many times, but in the absence of the opening of the US stock market, try to focus on short-term trading, and the volatility will not be very large. $ETH #ETH