Trump calls for Bitcoin, while ETH is quietly building momentum at the upper Bollinger band! With this wave of $3500 market, do you dare to take a bite?
"Trump supports Bitcoin, but ETH is quietly gearing up at the upper Bollinger band! Will you follow this market trend?"
At the Bitcoin conference, Trump stated, "Let America become the cryptocurrency capital," causing Bitcoin to surge, but sharp-eyed players are focusing on ETH, the "second-in-command" quietly building strength at the upper Bollinger band!
Technical analysis: The upper Bollinger band holds hidden secrets; will ETH replicate Bitcoin's explosive rise?
Key data:
Current ETH price is $3090, with a single-day surge of 2.49% on July 14, and trading volume breaking 650,000 contracts; the upper Bollinger band is pressured to $3174, the MACD histogram continues to expand, and the RSI has risen back to the neutral zone at 49.92; historical cases: in November 2024, ETH surged 18% in a single week after breaking the upper Bollinger band!
Hidden dangers:
Although the upper band pressure is significant, the MACD golden cross has formed, and the RSI breaking 50 would confirm a bullish outlook; increasing trading volume shows the main force entering the market, which may replicate Bitcoin's "policy flip = explosion switch" logic!
News: Trump's "cryptocurrency capital" plan, is ETH the biggest winner?
Trump's core actions:
Promises to list Bitcoin as a U.S. strategic reserve asset, but the ETH ecosystem is more in line with the vision of a "digital dollar"; calls for the dismissal of SEC Chair Gensler, and if successful, ETH regulatory pressure will drastically decrease!
Federal Reserve undercurrents:
Officials like Collins and Barkin downplay a rate cut in July but acknowledge that "tariffs are pushing up inflation"; historical pattern: during the Fed's pause in the rate hike cycle, ETH's average increase exceeds 40%!
Get rich logic: Follow Trump to hedge and benefit from the Fed's rate cuts!
Short-term: The upper Bollinger band at $3174 is crucial! If it breaks with volume, the target is directly aiming for $3500; if it encounters resistance and retraces, $2900 is the golden pit. Long-term, if Trump is elected, ETH may become a "strategic asset of the U.S."; during the Fed's rate cut cycle, historical data shows ETH's annualized returns exceed gold's by 2 times! Institutional undercurrents: Grayscale's ETH trust fee rate is only 2%, far lower than Bitcoin's 3.5%, indicating that capital is more optimistic about the ETH ecosystem!
Finally, a question: Do you want to be a bystander in Trump's "cryptocurrency capital" or the one who reaps the first wave of dividends?
As always, the market never lacks opportunities; what it lacks is the vision to see through the tricks. Follow me, supported by a top-tier team, only serving ambitious madmen.
