This week's bullish perspective on ETH continues to gain value

12.8 BTC ETH Strategy

Last night, the market experienced another wave of back-and-forth harvesting
As the weekly line is about to close, a rapid spike triggered a wave of bullish liquidity
quickly began to rise again, and after the morning daily line closed, it continued to rally

In fact, from the recent market, it can be seen that since Ethereum spiked to around 2720 last time, the market has gradually stabilized, including the rapid upward recovery of the weekly line level after yesterday's washout, which quietly arrived, and Ethereum's exchange rate against Bitcoin has also been continuously rising. With the interest rate cut approaching, we can pause our short-selling strategy for now to avoid becoming cannon fodder for market sentiment

This week, it is important to pay attention to the short liquidation around 3230 above. If the market touches this level again, it will continue to sprint towards around 3300. The market this week may continue to rise after some fluctuations. As for Ethereum's main strategy during the day, we still focus on buying on dips, aiming for a push near 3230

As for Bitcoin, wait for Ethereum to break through before looking for opportunities to short. As the exchange rate widens, the price difference between Ethereum and Bitcoin will continue to increase. When a whale falls, everything thrives
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$ETH
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