Since last week (The Three Major Favorable Factors Emerge, Bitcoin is Set to Soar in the Second Half of the Year!) was published, the crypto market has welcomed a crazy performance.

Bitcoin soared past 100,000, and Ethereum also surged 40% in just three days, directly climbing to the top of the TikTok hot search list!

At this moment, the White House also announced the smooth progress of U.S.-China trade negotiations:

The White House's announcement stated that substantial progress has been made between the U.S. and China.

However, if you look closely at the content of the announcement, there are actually no details regarding the trade agreement.

On the contrary, the information released by the Chinese side has more substantial content; one can only say that both sides are still willing to negotiate and are not keen on decoupling.

With such multiple favorable factors, if you haven't built your position yet, it is suggested to wait a little longer~

Because the crypto industry tends to price in favorable news in advance; for example, Bitcoin established an official government reserve during Trump's term, but the price was still lower than it was on Trump's first day in office.

Currently, although Ethereum has surged 40% in three days, it has barely returned to the normal range of decline.

Currently, Ethereum is priced at about 0.02 in Bitcoin terms, down from 0.03 at the beginning of the year.

Since Ethereum switched to POS, it has steadily decreased from 0.08 annually by about 0.02; following this trend, it will reach 0.01 by the end of the year and zero next year.

On the Bitcoin side, with the passage of the Bitcoin Reserve Bill in New Hampshire, more and more government funds are gradually joining the market as continuous buyers. These funds are veteran diamond hands with decades of experience, and they could potentially drive Bitcoin to the sky in the future.

However, Ethereum is different; as competition among public chains becomes increasingly fierce, many speculators realize they need to seize the opportunity to sell.

In the recent days of Ethereum's crazy surge, the Ethereum spot ETF has still been flowing out.

This indicates that old money in the U.S. has also realized the issues with Ethereum, and this wave of explosive growth comes from the mysterious power of non-traditional funds~

This time, Ethereum's speculators have also changed their previous norm of pumping before upgrades, now opting to pump after the Prague upgrade.

This kind of operational method has also caused many early movers to miss out, while conveniently harvesting a wave of those who shorted after the upgrade.

But friends familiar with Ethereum know that E-guardians still prefer to bottom-fish Ethereum.

A few days ago, it surged too quickly, barely giving everyone a chance to build positions and bottom-fish. It is estimated that after this wave of Ethereum's explosive rise, there should be opportunities for everyone to bottom-fish this week.

However, it is still recommended that everyone be cautious about bottom-fishing, and prioritize shorting. After all, those who like to bottom-fish will always find a bottom to fish~