ETH breaks through the $2700 mark

Click on the link to enter Tencent Meeting Live: https://meeting.tencent.com/p/9850662513 Good evening,everyone! I am your Da Bin teacher! After being dragged back and forth by US and European tariffs, Trump returned to the normal track. He denied the previous investment of $3 billion and announced another $2.5 billion of unsynchronized reserves. On the first working day in the US stock market, in the morning, we checked whether BTC had risen again, but it did not fluctuate in 109. As we get closer to the former Gaoyue, we need a very good emotional stimulus to continue to attack. This is for BTC. The events mentioned above did not make BTC breakthrough. This week, there are also PCE and Nvidia's financial reports. Whether there is a new trade agreement to ease the negative mood of tariffs is of course more important than Trump's words. Of course, Trump's words are also around these words. At least for the time being, there are no negative expectations coming, it's just that the event is not so favorable, so the price it brings is a shock. A fluctuation of 2-3 thousand US dollars. As for the positive news hitting the front high or even higher, personally I am more cautious and optimistic now. It may temporarily fluctuate within the range of 107500-110500. This kind of oscillation can actually open long and short positions, isn't it like another 102500-105000 range. Of course, we should pay attention to the impact of market events. That is to say, will it break the oscillation range above. Whether upward or downward. ETH， I personally feel that there is still a chance, even though I haven't reached 2750-2850. Of course, it still depends on the sentiment of BTC, as both sides suffer losses. But if it reaches even 3000, I am still a little worried about the massive price increase for counterfeit products. It's not that they won't rise, but how high can they go? If there is a breakthrough, there are two situations: either a fishtail market or a real BTC hitting a new high. If ETH breaks through, will there be a knockoff surge? From the perspective of major single order indicators, in the past 12 hours, the selling strength of the main force far exceeded the buying strength, with a net outflow of 186 million yuan and a buy to sell ratio of 1: 1.57, indicating that the main force is clearly bearish. Especially last night, the two large selling orders of over 71.4 million and 16.2 million in Binance contracts directly suppressed the upward potential of prices. Although BTC is currently stable at the EMA24/52 moving average, the main force has a strong willingness to short, and the upward pressure cannot be ignored. KDJ's death cross further confirms the risk of short-term pullback, with a 33.32% decrease in trading volume on the 2-hour candlestick and weakened market momentum. If there is no new buying support, BTC may test the key support level of 109500. Enter the live broadcast room, track the main trends in real time, and gain insight into market changes ahead of time! Operation suggestion: BTC 108500 long. First target: 109800. Second target: 111800 ETH 2560 long first target to watch 2630 second target to watch 2700 Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system- 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 120320009032 Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.

OKX-ETH/USDT is currently trading at $2648.13, with a 5-minute drop of 0.42%. Please pay attention to market fluctuations.

OKX-BTC/USDT is currently trading at $108102, a decrease of 0.21% in 5 minutes. Please pay attention to market fluctuations.

According to Foresight News, Walter Bloomberg reported that the US Department of Labor has withdrawn its guidelines released in 2022, which warned trustees not to include cryptocurrencies in 401 (k) plans. The guideline urges extreme caution, which goes against the Department of Labor's consistent neutral stance under the Employee Retirement Income Security Act (ERISA). Labor Secretary Lori Chavez DeRemer criticized the previous position as government overreaching and stated that investment decisions should be left to trustees rather than bureaucrats. With this reversal, the department has returned to a neutral stance - neither encouraging nor opposing the inclusion of cryptocurrency in retirement plans.