ETH

Yesterday, Hong Kong's Citic Securities opened cryptocurrency trading. Today, the U.S. is preparing to treat cryptocurrencies as collateral for mortgages, with housing regulators urging the "GSEs" to get ready. This was unthinkable just two years ago. It's equivalent to using our cryptocurrencies as collateral to get a loan to buy a house! Americans really dare to think and act, and Trump aims to make the U.S. a cryptocurrency capital.

Currently, Ethereum is gradually strengthening, and the four-hour MACD has risen above the zero axis. The key point to watch at this position is whether the one-hour market can break through 2485 and form a large bullish candle. If it can, the trend will continue; if not, it will still maintain sideways fluctuations between 2385 and 2485. From the four-hour perspective, as long as it does not break 2385, it will form a head-and-shoulders bottom waiting to be broken. Once it breaks 2485, it will open up space above, moving around 2600. For the market in the second half of the year, I personally have some expectations for Ethereum. If it does not break below 2390 during the day, one can go long between 2430-2390, with a stop loss below 2380.