In the fluctuation of the whole market last night, the short-term stagnation of BTC increased the strength of the retracement, and ETH reversed and pulled up to make up for the rise and continued to remain strong. All this shows that in order to cater to the upcoming Ethereum ETF, market funds have been transferred and mobilized to consume the positive factors in advance to pull up Ethereum.
Ethereum is expected to be the main target of long pull-ups for the rest of this week. The bottom continues to rise. The intraday retracement support has reached the 3650 line. Friends who want to keep chasing highs should pay attention to the vicinity of 3680 to find buying opportunities during the day. The final target this week is still 4000.
And BTC needs to pay attention to the recent shift in the center of gravity. After falling below the 70K support, the intraday short-term retracement may increase slightly. The support range below is 69K-68.5K. In terms of short-term layout, a small short can be taken during the day. The short-selling opportunity point focuses on 70600 and defends around 71200.