Today many fans are asking if Xingyu can still bottom fish ETH, is this major pullback a sign that the bull run is over?
ETH has reached the weekly support level range, and one can gradually accumulate between 4200-4000. Institutions have been crazily bottom fishing ETH these days, and the recent SOL trend has been notably strong. Large funds are prioritizing ETH and SOL for bottom fishing,
The decision date for the SOL ETF proposal has been postponed to October, and market makers expect to continue speculating on SOL in the near term. This rebound should be able to keep up with ETH's increase. This week's news includes the minutes from the Federal Reserve's monetary policy meeting, which won't affect next month's interest rate cut expectations. This pullback has washed out most long positions, and the next step is to operate with reference to the strong support at 4000-4200!
Key altcoins to focus on: $LDO $UNI $AAVE LINK, just accumulate in batches.
