Potential risks on the market:
1. Grayscale selling pressure. Ethereum fell 8% in the morning, mainly because of Grayscale's $1 billion selling pressure, which also brought down the market! Although the ETF has a net inflow of $100 million, it is obviously a drop in the bucket for Grayscale's $1 billion selling pressure!
2. Mentougou selling pressure. Bitcoin and Ethereum have been distributed to trading locks one after another. It is expected to sell $9 billion. There are still 80,000 positions!
3. Bitcoin conference. The phenomenon of falling at every conference in history has once again caused concerns, mainly driven by emotions. In addition, US stocks have been falling continuously!
