ETH's ETF has been expected to pass, and the next step is to wait for approval, which is expected to be before August. After Bitcoin reached the bottom of the range, it ushered in the expected good news. The position of 65-67 is obviously the key position for big funds to play.

The heat of the cottage industry has gradually dissipated, and the emotions brought by the original rotation of MEME and blockchain games have also subsided. At this stage, there is no sustainable hot spot in the market. The cottage industry continues to be in a round-trip state until the next round of MEME and blockchain games.

Although there are expected benefits now, the long-short watershed of 68,500 for Bitcoin has been broken. Before returning to 685, it is still the home of the shorts. The pledge of ETH has not been released. If it fails to meet market expectations, it will lead to a waterfall.