Entering the sixth day of the new year, bullish signals for Ethereum are beginning to emerge.
From a technical perspective, the 3070 level is worth paying close attention to — it could become a good entry point. On the fundamental side, positive news continues to ferment: Morgan is pushing forward with the Ethereum ETF application, the banking system is gradually easing credit limits, and the capital inflow into Bitcoin is performing well, with market sentiment clearly warming.
These signals combined seem to hint at the prelude to a new rebound. Whether it's the increased participation of traditional finance or the improvement in liquidity, they all point in the same direction — the crypto market is re-attracting attention.
Of course, 3070 is just a reference point; the specific entry should also consider one's own risk tolerance. But from the overall market rhythm, this wave of Ethereum indeed looks promising.
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DAOplomacy
· 01-10 12:18
tbh the whole "institutional participation narrative" is getting a bit tired... like yes, morgan's doing their etf dance, but have we considered the non-trivial externalities of regulatory arbitrage here? 3070 sounds less like a technical level and more like consensus theater ngl
Reply0
zkNoob
· 01-07 12:58
The 3070 price level has been on my watchlist for a while, just waiting for a dip... Is the Morgan ETF thing reliable?
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GweiWatcher
· 01-07 12:46
Is 3070 really the bottom? It feels like I say that every time...
But Morgan's ETF push does have some substance. Maybe this time really is different?
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ShibaSunglasses
· 01-07 12:41
The 3070 is indeed attractive, but I really want to know when the ETF on Morgan's side will actually be implemented.
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BagHolderTillRetire
· 01-07 12:35
I've been waiting for the 3070 point for a long time, just worried that the rebound might be a false alarm.
Morgan launching an ETF is a good sign, but the bank releasing quotas... to be honest, we still need to see what happens next. There are too many examples of the previous waves dying on the beach.
Let's wait and see. If I get cut again in this wave, I might really just give up.
Honestly, it still depends on whether Bitcoin can stabilize. Ethereum is more likely to follow the trend.
Entering the sixth day of the new year, bullish signals for Ethereum are beginning to emerge.
From a technical perspective, the 3070 level is worth paying close attention to — it could become a good entry point. On the fundamental side, positive news continues to ferment: Morgan is pushing forward with the Ethereum ETF application, the banking system is gradually easing credit limits, and the capital inflow into Bitcoin is performing well, with market sentiment clearly warming.
These signals combined seem to hint at the prelude to a new rebound. Whether it's the increased participation of traditional finance or the improvement in liquidity, they all point in the same direction — the crypto market is re-attracting attention.
Of course, 3070 is just a reference point; the specific entry should also consider one's own risk tolerance. But from the overall market rhythm, this wave of Ethereum indeed looks promising.