The bull run is a process of capital bubble creation and wealth redistribution. Large funds profit from their advantages, while retail investors are easily trapped due to psychological biases (fear of heights, chasing the price, panic selling, etc.).

The cryptocurrency market is against human nature; rejecting noise and maintaining a steady mindset is key. If you can't overcome the psychological barrier, knowing when to retreat is also wisdom. The bull run is still ongoing, belonging to those who adhere to their strategies.

Market Analysis and Opportunities

After 8 consecutive days of rise on the Ethereum daily chart, a pullback has occurred, which is a healthy market performance—no non-funding asset can continuously rise in one direction. A moderate pullback can instead build momentum for subsequent pushes to higher levels, so there is no need to panic.

Core support factors of Ethereum's independent market

- Institutional布局积极：7 publicly listed companies are following MicroStrategy by directly purchasing Ether, keeping funds in the market, and driving up prices.
- Staking ETF Expectations: Institutions like BlackRock have submitted applications for ETH staking ETFs, and the market anticipates that the SEC may grant unified approval in October. Institutions have already started making large purchases to seize the opportunity.
- Market linkage effect: As the leader among altcoins, ETH's price increase stimulates active inflow of capital in the

Market Analysis and Opportunities

Money can be earned endlessly, but it can also be lost overnight.

The wisdom of trading lies in waiting. If the time is not right, it is better to miss out than to take the risk of making a mistake.

There are countless types of market noise, and everyone has their own opinion. Stick to your own rhythm and don't let others' Hamlet disrupt your peace of mind.

Market Analysis and Opportunities

The current market is showing a lack of performance over the weekend due to insufficient inflow of funds from listed companies and institutions. It is expected that the next two days will primarily be characterized by adjustments and fluctuations, and the subsequent market trend will need to focus on the purchasing power release of listed companies next week. In terms of operations, it is recommended to temporarily avoid alts at the current high levels, and to wait for the market activity to rebound on weekdays before making strategic arrangements, responding rationally to the current adjustme

Market Analysis and Opportunities

Market Analysis and Opportunities

Ethereum's rise continues, with key levels becoming altcoin indicators: $3500 needs to hold above to trigger altcoin's initial reaction, and $4100 will further activate the altcoin follow-up effect.

Market Analysis and Opportunities

- Support strength: ETF, institutions, listed companies, and consortium buying power is strong, and the above selling pressure funds are expected to be digested within a week. If there is no sudden unfavorable information in the macro environment, the rising trend will not change.
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- Capital and Targets: Last night, ETF inflows exceeded 400 million, with daily inflows reaching 1 billion in the previous days, and the buying power of listed companies was twice that of the ETF. If the macro interest rate cut is favorable, Bitcoin is expected to quickly hit $150,000.

Market Analysis and Opportunities

- From the daily chart perspective, BTC has formed a typical gravestone doji pattern, which is an important signal of a potential peak.
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- Overall judgment, the probability of BTC breaking through $123,000 in the near term is low, and it is more likely to enter a sideways consolidation mode.