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ETH will continue to rally, the next resistance is at 4040. Whether 4040 is the peak or not will have to be judged based on the retracement situation at that time. No matter how much it rises, ETH will at least have one retracement, at least over 10% (this marks the beginning of ETH's retracement), then subsequently oscillate and retrace. The retracement position is unknown, but this major adjustment is a second chance to get back in.
After the retracement ends, the second half of this bull market will start its final rally (so far it can only be said that ETH has just stimulated the bull market and regained lost ground, and has not yet opened a real bull market rally). The future trend of ETH is very clear.
Recently, BlackRock submitted documents to the SEC for staking Ethereum. Looking back, BlackRock has submitted a total of 600 documents to the SEC, with only one being rejected. This means that the Ethereum staking application is likely to be approved. Once approved, more ETH will be passively staked and locked up, reducing the chips in the market, which will help push its price up. Therefore, ETH returning to 4000 is just a matter of time, and it also benefits altcoins in the Ethereum staking sector: $LDO $ETHFI $EIGEN SSV, these four are directly beneficial.
ETH will continue to rally! The four must-have 100x strong coins you have to buy during the bull market!
UNI
There is unusual on-chain data for UNI. The largest holder of UNI, a16z, transferred 19.2M UNI (worth about $200 million) from multiple wallets, totaling 60.5M UNI, to a new wallet.
Personally, I think it's highly unlikely that this is a sell-off; rather, it is related to the upcoming new governance proposal for UNI. If the UNI project team starts to empower the UNI token, then UNI will take off without looking back.
XRP
This project is still very good because it is actually a staked meme coin, and its project is very large, so its fundamentals are decent. Although I can't quite understand which is stronger between its payment and stablecoin, I think the stablecoin might be stronger.
However, because it can always ride on these hot topics, it should not be too empty in the long run, especially in the current very good market conditions. If the market is not good, well, that's hard to say. Anyway, when the market is good, this kind of concept-promoting asset will not be very poor.
LTC
I noticed that the ETF application for LTC was actually submitted with key materials back in mid-January this year. The next day, Nasdaq also submitted the relevant 19b-4 documents, which means it officially entered the SEC's approval process. The timeline is up to 240 days, so it could be approved by September 17 at the latest.
Compared to several other varieties that are currently hot topics in the market, such as XRP and DOGE, most of the relevant documents were concentrated in updates from June to July, coinciding with this wave of centralized regulatory scrutiny, and they are still in the early stages. LTC is considered to be among the 'forerunners', so in terms of the actual implementation pace, it indeed has a better chance to take the lead.
ENS
Currently, it looks like a monthly level trend. We bought this coin a long time ago, and I also advised everyone to hold it long-term, just like SUI, UNI, and PNUT as long-term altcoins. At present, it looks basically fine, bought at the lowest point, even though there was a retracement earlier, it just reached our cost price. ENS is a coin I am very optimistic about, and it is also one of my long-term coins.
I started buying this coin around $10. Looking at it solely from the perspective of manipulation rather than its technical value, it is a strong manipulated coin. If you have it, just hold it well. My target for this coin is 50+. The long-term coins I have selected for everyone are basically logical, and I won't buy randomly.
