Big things are coming!!!
The main market funds are still in Bitcoin and Ethereum. In the past few days, the total inflow of Bitcoin ETF has approached 1 billion, and the market remains optimistic about the price of BTC at 100,000. The probability of this bull market rising to 135,000-150,000 is still quite high! Ethereum ETF has seen an inflow of 170 million in the past few days, and with the Iran situation resolved, bottom-fishing funds are rapidly flowing in. If there is another wave of interest rate cut news, the market could quickly rise above 2,500-2,600!
Within the day, Ethereum has bottomed out at 2,418 for long positions, and in the evening, the hope is that Powell will continue to speak dovishly, driving the market to stretch.
For altcoins, pay attention to the meme sector: MOODENG PEPE NEIRO, choose one for ambush.
Bitcoin continues to stretch, which is not a good sign for Ethereum and altcoins. Hopefully, funds from the US stock market will flow into Ethereum, giving a chance for a new round of stretching.
