Morning of 7/19
As expectations for a Federal Reserve interest rate cut rise and Trump pushes for crypto-friendly policies, traditional capital is rapidly flowing into the crypto world. ETH's strategic reserve model has opened up a compliant path for traditional listed companies to embrace crypto assets. This grand show featuring crypto capital may have only just begun.
Yesterday's market movement accurately confirmed the direction and positions we proposed in the early morning: Bitcoin reached the first target of $120,500 as expected, with an intraday high of $120,800; Ethereum performed even stronger, not only effectively breaking through the second target of $3,600 but also aggressively climbing to a high of $3,675. Achieving a harvest of 4420/425
Direction: Long
Morning Update
Position: Around 118300-119000.
Destination: Around 116800-115400.
Morning Update
Position: Around 3575-3600.
Destination: Around 3510-3470.
