ETH leads the 5th bull run, BTC reaches 120,000 again, fortunately, we didn't short it on the 8th.

The result is as I speculated, the bull run was driven by ETH, and this time ETH rose alongside it, perhaps related to the previous ETH drop that drained BTC, causing BTC to decline?
Not entirely. First of all, in the previous article I mentioned that 110,000 for BTC is a dividing line, separating 102,000 and 110,000. When there were signals of breaking below 110,000, Trump happened to intervene, which was considered a rising signal. The signal of rising above 110,000 is also a signal for the market to rise (the executive order signed by Trump provided cover for the market). This year, there has been a significant amount of institutional entry into BTC, just as I wrote in my March article about favorable major events; institutions will enter one after another, as blockchain is the trend of the future. Institutions won't let BTC drop below 110,000, nor will Trump. At least not for now. A very obvious point is that the number of institutions entering currently is not significant, and almost none are exiting. Besides this point, there are other factors; those interested can check for more information.
During the last ETH staking sell-off, I said it wouldn't drop below 35, and after stabilizing at 37, it would break through 4000 again. 4000 is equivalent to the dividing line for ETH. Around 35, including before, we need to note a message about the largest airdrop squeeze in crypto history (it will happen when it rushes to 4888). But it's clear the journey is difficult. Because there are too many empty positions, but one thing is certain: blockchain is the trend of the future, with BTC breaking the dividing line and the support from Trump signing the 401K investment in cryptocurrencies. 35 is a good rebound point and a panic point (staking sell-off information); at this time, whales and institutions looking to increase their positions won't miss this opportunity, or rather, the market won't miss the chance of the largest airdrop squeeze in crypto history. After all, ETH holders and the ETH ecosystem want to continue developing, and this is the biggest stone blocking their path. If they don't push it aside, it will hinder the road to future development and will keep draining resources.
In times of market panic, I stay rational. ETH has currently reached 4300, and 4500 isn't far off. Let's see if it will break new highs like BTC. Be sure to set your take profit and stop loss!
July is the season of altcoin bull runs, and the door to the bull run has opened in August. Should we enter or exit #BTC重返12万# #ETH突破4300# #特朗普允许401(k)投资加密货币# #ETH巨鲸增持# ?