#套利交易策略 7.17 Morning Market Overview: ETH Leads Altcoins in Recovery

The E-Watchmen have risen! Yesterday, it surged from 3100 to 3423, a crazy jump of 323 points in one day. The once-criticized ETH is back; after yesterday's surge, Ethereum led the altcoins in a collective recovery wave. Currently, during the Asian trading hours, it is consolidating, waiting to see if it will continue to surge when the US stock market opens tonight.

ETH is currently at 3344, in a consolidation phase, with a MACD death cross appearing, but both the high and low points of Ethereum are increasing; it is not very good for trading at the moment, so we should mainly observe the trend.

ETH spot has seen a continuous net inflow for 8 days, with a net inflow of 72,480 coins yesterday. Grayscale has not moved, with a net inflow of 10,520 coins.

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