👆BTC 100,000 holds steady, ETH begins to strengthen, LDO surges, is this the prelude to the Ethereum staking ETF being approved?
Today, LDO surged 20%, ranking second on the Binance gainers list. Given the limited gains of many coins in the mid-market cap and above, LDO's significant rise could also indicate that smart money is preemptively positioning for the favorable news of the Ethereum staking ETF approval;
After all, starting from October, numerous institutions and ETF issuers have predicted that the Ethereum staking ETF will be approved after Trump takes office. Yesterday, Trump unveiled new cryptocurrency policies, continuously releasing positive news for crypto; therefore, with ETH's strengthening, a rebound in ETH is expected to arrive soon.
LDO's performance is quite remarkable; in the past month, while altcoins have been hitting new lows, LDO has shown strong consolidation and currently exhibits a potential three-wave structure on the weekly chart, making targets above 3 quite promising;
BTC holds steady at 100,000, and as long as it does not effectively break below 100,000, the bullish sentiment for BTC will soon explode, targeting above 120,000. Similarly, ETH has the momentum to continue pushing towards 4,000;
