This week, large amounts of ENA, OP, ARB, and other layer two tokens will be unlocked, which may trigger a market pullback. Currently, BCH and SOL are both at resistance levels; if either weakens, ETH is likely to follow suit.
Need to pay attention to AVAX: BlackRock has included it in its investment series and increased its holdings. As an established mainstream coin, its current price offers good value for money, so consider positioning yourself.
Market liquidity is scarce, and ETH is showing a 'high waterfall' type of volatility, with insufficient sustained volume. BTC's weekly chart is nearing a resistance level; if it fills the gap to 105,000, ETH may pull back to around 2435. The upper resistance levels are at 2520 (first weekly resistance) and 2550, which is significant. In the short term, it may be wise to short on rallies, and be sure to set a stop-loss (2565), keeping positions light.
As the market continues to change, we need to closely monitor market signals to seize new entry opportunities. Follow @加密星语 to navigate the bull market and seize this major opportunity!
