Bitcoin rebounds and breaks above $64,000; Ethereum rises to above $1,800.

On June 4, according to market data, the market’s downtrend has temporarily eased: Bitcoin has rebounded and broken above $64,000, while Ethereum has risen to above $1,800. Previously, “New Stock God” Serenity posted that he bought BlackRock IBIT and ETHA at average prices of $62,000 and $1,750, respectively, and said these were only swing trades, not long-term holdings.
Next, there are three things to watch: whether related funds continue to flow in, whether on-chain trading volume and open positions continue to expand, and whether the project team or regulators provide any new confirmation information. A single news flash can only show that sentiment has been ignited; it’s the subsequent data that will determine whether it can take root as a trend.
Risks also need to be kept on the table: the market showed a clear rebound after his post.
$btc #eth #ibit #etha #On-chain data