Since the BTC and ETH spot ETFs have passed, and the SOL staking ETF has also been approved, these three no longer seem to rise together or fall together as they did before.
You can feel that after BTC rises and consolidates, ETH suddenly spikes. You can also interpret this as BTC bulls taking over while the market makers sell off to push ETH up. Anyway, ever since the spot ETFs were approved, the market makers have been constantly thinking of ways to harvest retail investors, not even allowing a moment for the market to recover from its bleak state; even the smallest gains are seen as a feast!
Tonight, the long positions are securely profiting, but it's 4 AM and there hasn’t been a good opportunity to go short. For those who can stay up until 6 AM, let's see if there's a chance to short and catch a pullback for profit.
