Ethereum is about to break through the 4000 resistance zone and is expected to climb to 5000 soon. Wall Street has achieved net inflows of ETFs for 14 consecutive days, with daily inflows reaching hundreds of millions, and showing a trend of only buying but not selling, while retail investors have become the main sellers. This trend is obvious.
Therefore, Ethereum's previous high of 4090, as the last line of defense, will be difficult to hold. A bigger rising wave is coming!
Yesterday, when Tether issued 1 billion U, I reminded everyone that institutions were about to enter the market. I wonder if you have followed up? If you have not yet entered the market, considering the current large increase in ETH, you can consider covering your position when there is a small correction. The current support level is about 3800 to 3860.
In addition, we decisively bought UNI and OM when the market plummeted on the 10th. So far, these two currencies have rebounded by 30%, which is an outstanding performance. Although this operation was thrilling, we finally won the game!
Recently, Musk’s puppies Ethereum chain concept has attracted much attention and is expected to become the next SHIB.
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