With the Ethereum ETF approved, sentiment quickly shifted to accumulating ETH Beta-related investments.
We have already experienced a similar situation in January this year, where $BTC surged to 49K after the ETF announcement, but quickly fell back due to a lack of spot buy orders. This was a classic "sell the news" event,

I expect ETH to see similar price action after approval.

Beta Coins to Watch
$PENDLE: This is one of the strongest coins in this narrative. The price has recently pulled back due to the $EIGEN airdrop, but has shown strong resilience after the ETH ETF news.
$PEPE: This is another obvious ETH Beta-related investment. PEPE has maintained its structure when BTC has underperformed and now has reached a new all-time high. The chart shows a beautiful uptrend, indicating that insiders see it as one of the best options for ETF approval. Take profits appropriately and hold some to continue watching.
$ENS : Throughout the volatility after the BTC ETF approval, $ENS was one of the few coins that did not pull back. I bet on it purely because Vitalik has been promoting it all year.
$ENA: This is another coin to watch. Excellent performer in bullish conditions, backed by a strong team. One reason to like it is that there is no investor unlocking in the short term, and it could be adopted by exchanges.
$ARB : Despite the poor performance, it has recovered after the announcement. I would still avoid it personally.
$LDO: Depending on the approval of staking inclusion in the ETF, could see upside.
Beta Coins That Could Disappoint
$REZ: Has not shown any strength since listing. The price has fallen 30% since listing on Binance last month. Governance tokens without “real” use cases tend to disappoint.
$REZ, $XAI, $ETHFI: These tokens have poor tokenomics and limited utility - I think they will only have some short-term rallies and then continue lower.

This overseas community is quite amazing

3/15 Market Trends | After yesterday’s slight correction, the market did decline. Although altcoins once remained strong, it can be seen from the daily closing prices that they have begun to show weakness. At present, the price of Bitcoin has fallen below this week's opening price, and has once again fallen below the previous historical high price, indicating that the market will face significant selling pressure tomorrow morning. What needs special attention is whether the market can regain its footing above the weekly opening price of $69k. Stabilizing this line means that the market may continue to be bullish. As long as the price remains below $69k, we should remain cautious on the market. The next support levels to watch are $64,850 and $63,500, and I don’t expect the price to fall below these levels in the event of an extreme sell-off.
Currently, Bitcoin and Ethereum’s performance has turned negative this week, with some altcoin lows hitting levels seen in recent sell-offs. No matter how the market changes next, this will be an excellent buying opportunity. We should wait patiently and look for the opportunity to enter.
I will post some altcoin analysis and lightening prices on Monday

$BTC

At the start of the week, we witnessed a brief sharp drop, before the price quickly recovered and surpassed the all-time high to reach $72,800. Currently, my only concern is that the price action is forming an arc pattern. Given that the Consumer Price Index (CPI) is due out at 8:30 AM ET, I expect there will be some volatility in these areas that I marked on the chart, which could cause trouble for us as it could form some trap. Therefore, we try to anticipate these pitfalls by working against any fluctuations that first occur. This is usually my strategy when dealing with CPI transactions.

A total of two calls were missed and two calls were accurate.
Then I have to say now: A plunge even worse than the previous two is coming.
I sincerely hope that everyone can keep their principal. We have seen too many stories of big guys and leeks exploding their positions in the bull market.

After completing the breakthrough, $BTC entered a range of 56650-57280. During this period, there was a stress test at the 57500 position and then a small-scale correction.

1. The inflow of ETF funds fuels the bull market, Bitcoin’s dominance in the crypto market is more unshakable, manipulation and volatility are reduced, and legitimacy is increased

2. Compared with institutions, retail investors’ market participation will drop significantly and it will become more difficult to make money.

This means that on a breakout we can focus on btc status and on a dip we would be better off focusing on shorting alternatives

Yesterday, the inflow of Bitcoin spot ETF exceeded US$340 million, helping Bitcoin rise from 51,000 to 57,700. This increase has exceeded the performance of most copycats. At the same time, the Bitcoin financing interest rate is now 91% annualized. Interest rates are already quite scary. I think the market is already brewing for deleveraging, which will appear in the next 1-2 days. 57500 is an important Fibonacci resistance level. I will place a callback short order at this price.

$ENJ
callback rebound

$BTC continues to vibrate sideways in the 53000-50500 box,
I believe you have listened to a lot of technical analysis. We will not talk about technical aspects today. Judging from the history of the past six years, Bitcoin rose in the first two weeks of February in previous years, and then fell in the next two weeks. It varies from 60% to 15%. Therefore, we conservatively infer based on the current high point of 52896 and a 10% decline that this Bitcoin correction will be around 48,000.
This is also in line with our previous inference that the next support point after BTC falls below 50600 is 48500
The Bitcoin halving is coming soon, and there was a 20% drop before the first two halvings, so it is really not a wise choice to be bullish now.
Turn off the long button! !

$BTC
How hard is the 50900 point? I have been grinding it for almost a week.

Don't place long orders until the bottom is reached. The long orders have not been exhausted yet, and the bottom is estimated to be around 44,000.

Almost all technical indicators are bearish, and this rate is short from 53,000 to around 44,000.
If it cannot fall in this way, it means that $BTC btc has no technical indicator analysis after ETF. The probability of rising or falling is the same as guessing the coin.

$FTM
Bitcoin has entered a period of shock, and the expected major correction did not come as expected. Looking back, think about the fact that Bitcoin has a good market during the Spring Festival every year. Is it because the Chinese Air Force has a holiday during the Spring Festival?
The pending order is 0.395 to go long FTM, and the stop loss is 0.339. The reason for going long is to rebound after the breakout of the support level.

$BTC
Bitcoin has pulled 8 positive lines in a row, pointing at 5w. Although all technical indicators predict that Bitcoin will pull back around 47, we have to think about whether the previous strategy is still suitable after the ETF passes.
If you are not as skilled as others, you will be defeated. 1000 will return to 800u. It doesn't matter if you give me another week, I can still make a positive profit.
Just sprinkle some water

The account has only been established for less than a week. I originally wanted to do real-time compound interest, but I really feel that I should seize this opportunity.
At this stage of Bitcoin, the signal is already very obvious, and some influencers are still afraid to make a judgment, and the long and short positions jump repeatedly.
If you do it right, you will be bragging, but if you do it wrong, your skills will be inferior to others. It would be better to be more real