【Today's Market Analysis】

BTC has experienced a correction, and the current price is around 6.57W. ETH has not skyrocketed due to the listing of ETFs, but has also experienced a correction, and the current price is around 3.43k, while altcoins have also fallen by 5%.

In previous analysis, it has been repeatedly emphasized that the current market is a rebound, not a bullish trend. It is also pointed out that BTC's rebound is around 6.8, and then there will be a correction. It seems that the current trend also verifies the previous view. BTC reached a high of 6.84W and began to pull back. It has now pulled back 3,000 points.

The most eye-catching thing yesterday was the first opening of ETH ETF. The trading volume of the first phase was 1 billion, which was 20% of the volume of the first phase of BTC ETF. It was a very good start. The benefits of ETF for ETH are long-term. At present, there is news that several leading ETF spot companies have announced that they will use their US dollars to purchase ETH in the form of ETFs. This is also a new RWA model. The club will continue to pay attention to the situation of subsequent ETH spot ETFs.

There are two main reasons for the current decline according to rumors in the market: one is that part of the compensation for Mentougou has been received; the other is that Musk has changed his laser eye avatar to the original normal avatar. However, in the view of the club, these two factors are relatively small, and the market has definitely gone down so far. On the one hand, it is the same as the club's analysis. There is pressure around 6.8w. On the other hand, there is no strong positive support for the market to rise again, and the game between longs and shorts is also very fierce.

It is predicted that this week's market fluctuations should appear in the second half of the week, because on the 26th, the BTC conference will be held, Trump will give a speech, and Musk will also attend, which may be the beginning of this week's market.

In terms of points, BTC's short-term support level is 63900 62500. When it reaches this level, we will choose to layout. #美国以太坊现货ETF开始交易 #门头沟 #Btcoin #MtGox钱包动态 $BTC $ETH $SOL