Market Express

Operation after the ETH ETF news pull

I. Market

In terms of the market, BTC has now reached the first suppression level of the rise, the suppression level of the 3-day line, and the suppression point is between 71700-72000 points. Due to the rumored ETF approval and the hype of the ETF narrative, ETH has made a big rebound. SOL hit the key suppression level of 189 and pulled back.

Do we need to chase ETH's current sharp rise? At present, 3800 points is also a suppression level, so we should wait for the pullback.

BTC has now gone out of the trend market, ETH is also the same, SOL is also the same, but SOL will pull back and go up. We look for opportunities for small-level pullbacks and more idle rotations.

Support and suppression:

BTC: current price 71000, upper suppression 72000/73856/80000, lower support: 70000/69000, ETH: current price 3800, upper suppression 3840/4096, lower support: 3670/3600 SOL: current price 180, upper suppression 189/200, lower support: 175/170/160

2. Fortress

Fortress, there are currently two main lines, one is the MEME sector, including PEPE, BONK, PEOPLE, and the other is the ETH ecosystem, ENS, ETHFI, ARB, OP, LDO.