Only after ETH stabilizes at 3500 can altcoins qualify to rise. This statement was made by the Crab Boss yesterday. Many people yesterday said that Bitcoin is Bitcoin, Ethereum is Ethereum, and altcoins are altcoins. Why is there this statement? It’s because they saw Ethereum rise while altcoins did not follow, which is a completely one-sided logic.
Last week, the Crab Boss gave a very clear analysis of the trend of Ethereum. Stabilizing at 3000 gives holders of Ethereum confidence. If it stabilizes at 3500, altcoins will likely follow. The next step is to test 4100, because only after breaking 3500 will the money in the market dare to become active, as they see confidence, which is the FOMO sentiment.
After stabilizing at 3500, many altcoin sectors have also seen upward movement, such as the decentralized sector, meme sector, and staking sector, which remain localized markets. You can only catch this wave if you select the right coins in advance.
So which ones did we choose this time?
uni, pepe, sui, aave!
7.4 for uni, pepe below 1, sui below 3!
Today, uni successfully reached double digits, and there is still some distance to go to double. I believe it will happen soon.
In the past two weeks, the inflow of funds into Ethereum ETFs has been very large, with over 700 million inflows the day before yesterday and over 600 million inflows last night. This scale exceeds Bitcoin, and with the Ethereum treasury stepping up its efforts, both sbet and bmnr now have reserves exceeding 1 billion. Moreover, in recent days, they have been buying one or two hundred million every day. Last night, sbet even announced a refinancing of 5 billion to buy this, which is essentially the same strategy as MicroStrategy. Additionally, many listed companies that originally held Bitcoin reserves are also starting to switch to ETH. This operation is very similar to the capital rotation seen in the past altcoin markets, where funds seek higher expected returns when Bitcoin is at a high level. This is further combined with BlackRock submitting an application for an ETH staking ETF last night.
Altcoins will soon see inflows of funds as well.
In summary, the macroeconomic outlook is very positive, and the likelihood of the market entering a sustained bull market in the near future is high.
Hold on to your current positions. When it’s time to reduce positions, the Crab Boss will prompt internally in a timely manner. Additionally, yesterday, the Crab Boss mentioned that the batch of altcoins likely to apply for ETFs in the future will experience a surge, which I’ve listed for you today:
SOL, XRP, LTC, ADA, AVAX, APT, DOT, FIL, BNB, NEAR, SUI, SEI, MOVE, DOGE, TRUMP, BONK, PENGU.
If we follow yesterday's logic regarding these altcoins, as long as they go through ETFs and with the addition of listed companies, they will rise together. Therefore, moving forward, I will focus on these altcoin ETF news to find suitable opportunities for entry. Currently, the basic prediction is that some will pass in the second half of the year.
This does not mean to buy all of them; these ETFs have not been approved yet. The SEC will provide results in the second half of the year, and some effects will gradually emerge. These are the directions we need to pay attention to.
Additionally, the fundamentals have changed this round. Each cycle has its own strategies. If you agree with my current thinking, feel free to ask more questions. Don’t fall behind just because of a single piece of news that changes the strategy. Therefore, let’s communicate more this round, open our minds, and broaden our perspectives to better grasp the upcoming market trends. We come to the crypto space to make money, not to argue about right or wrong. If you agree, pay more attention to my messages and engage more!
Brothers, come quickly to join the chat room:
