If there is a trend similar to that after the Bitcoin ETF is passed, it may first rise to 4,000 points, and then quickly fall back to 3,500 points. This range may lead to nearly $2.1 billion in leveraged liquidation of Ethereum blocks.
Ethereum (ETH) price prediction: According to the news, the price of Ethereum is expected to experience ups and downs after the news is landed. If there is a trend similar to that after the Bitcoin ETF is passed, it may first rise to 4,000 points, and then quickly fall back to 3,500 points. This range may lead to nearly $2.1 billion in leveraged liquidation of Ethereum blocks.
Bitcoin (BTC) and Ethereum (ETH) Outlook: For Bitcoin and Ethereum, holders are advised to remain patient and wait and see. For Ethereum, there may be a wave of turnover, and the possible rise and fall should be viewed in the short term. Long-term holders are advised not to pay too much attention to short-term fluctuations.
NVIDIA: NVIDIA's financial report shows excellent results, but the AI sector of the crypto market has not followed the rise. The author believes that the AI sector will usher in opportunities in the bull market.
Short-term and medium-term outlook for the market: The current market bottleneck is mainly due to insufficient liquidity, but as sentiment improves and ETFs are gradually passed, a new bull market climax may be ushered in in the future.
Other sectors: The meme series sector performed strongly, and projects such as SOL and JTO have good prospects and are expected to continue to rise. For other altcoins, it is also recommended to pay attention to the solana ecosystem, and a new round of offensive is expected to begin soon.
In general, it is recommended to stay away from leverage, stock up on spot, and wait patiently for market fluctuations. Please note that the cryptocurrency market changes rapidly and investment should be cautious.
