Today is the 395th day since I started posting dynamically, without a single day missed. Each post is not done half-heartedly, but is carefully prepared. If you think I am a serious person, you can follow me, and I hope the content can help you every day. The world is vast, and I am small, so please follow me to avoid difficulty in finding me.



Ethereum is as strong now as it was weak before. The target of 3100-3200 has been reached, and ETH/BTC has broken through the short-term supply line pressure, also surpassing the highs from May and June, starting to break upwards. Therefore, Ethereum has become relatively strong in the past few days. From January to June last year, the 360-day line had previously suppressed ETH/BTC four times, and it might form pressure again this time. In this case, the corresponding short-term target for Ethereum is between 3600-3800.

The current BTC and ETH operate on two different logics. BTC has both value investment aspects and characteristics of a risk asset. Therefore, regardless of monetary easing, BTC can continue to rise. The passing of the stablecoin bill, combined with major institutions and publicly listed companies continuously accumulating ETH, suggests that ETH may also rise continuously like BTC in the future. After all, Ethereum is the most important crypto foundation at present.

The strong rise of Ethereum will also drive the altcoin season, with altcoins rising overall. After the strong altcoins have surged, the market's attention will shift to quality assets that have not yet risen. Therefore, everyone should keep a close eye on investment research, focusing on strong assets related to the ecosystem, such as ena, aave, uni, ethfi, arb.
BTC1.28%
ETH0.41%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Share
Comment
0/400
ItWillDefinitelyGetBvip
· 07-17 14:58
Hold on tight, we are about to To da moon 🛫
View OriginalReply0
BreakThroughTheJaggedvip
· 07-17 06:46
It's either a rise, a fall, or a sideways fluctuation, that's all there is to the market.
View OriginalReply0
ThisNameIsn_tBad.vip
· 07-17 04:37
🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹🌹
Reply0
Indifferent@vip
· 07-17 04:27
Beautiful girl, does CRV have a development prospect??
View OriginalReply0
View More
Black11vip
· 07-17 02:57
Take off with strength 🚀
View OriginalReply0
Black11vip
· 07-17 02:57
The market is bullish 🐂
View OriginalReply0
GateUser-a353851cvip
· 07-17 02:49
Keep up the rhythm, head north!
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)