After the listing of Ethereum ETF, can it withstand Grayscale's 12 billion dumping?

1. News situation

1. ETF situation

From the situation of ETF, market institutions are still optimistic about the future trend, especially Bitcoin, especially large institutions such as BlackRock. Continuous holding of Bitcoin can drag down the decline of Bitcoin. It is a long-term bullish market sentiment

2. 140,000 Bitcoins in the Mentougou incident

850,000 Bitcoins were stolen from the market. In 2011, only 140,000 Bitcoins have been discovered by the market. The rest have been digested in the market, so the negative time will continue from May to October, and the funds for the dumping will be about 10 billion US dollars.

3. Grayscale holds 3 million Ethereum

This is the biggest negative after the positive news comes out. It is very likely to increase shipments, just like the previous Bitcoin ETF. The previous high may be broken at the end of the year. The listing of ETFs cannot help the market break new highs

2. Market analysis

1. Bitcoin operation suggestion: long around 66,300

2. Ethereum operation suggestion: long at 3720-3730. #新币挖矿 #贝莱德IBIT比特币持有量反超灰度GBTC $BTC $ETH $SOL