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$BTC $ETH Morning thoughts:
Currently, the situation has emerged where ETH is leading the way, while BTC remains stagnant.
The current position of Bitcoin is still very weak, but this position can be bullish.
The Ethereum target is getting a fund diversion from BTC. 3000 is promising.
。
From the long-short ratio perspective, it has maintained a long-short ratio of 0.4 for a month, reaching 1.
Last week, Doug said:
When will the real correction begin? That is when the long-short ratio gradually shifts from 0.4 to around 1.x or 2.x.
The continuous rise will gradually wear down the bears. When the bears can no longer hold on and turn bullish, that will be the time to sell.
At present
It can still rise, overall it is stable with a focus on rising.
Be cautious of the Bitcoin conference; generally, no matter whether the news is good or bad, the outcome is usually a slight downturn.