Today is the 240th day of my dynamic posting, and there has been no interruption for a day. Each post is not perfunctory, but carefully prepared. [微笑] If you think I am a serious person, you can walk with me, and I hope the content of each day can help you. The world is big, and I am small, follow me, so as not to be difficult to find. [微笑][微笑]

Dear all, the Lantern Festival is here. I hope that on this warm festival, happiness will be with you, and joy will embrace you, and you will have a good mood every day!😜
Grayscale recently submitted a 19b-4 form application to the SEC for an ADA spot ETF. This is not only its first attempt to introduce ADA to the U.S. spot ETF market, but also marks the number of cryptocurrency ETF applications reaching 60 this year. This move demonstrates Grayscale's efforts to expand institutional investors' access to digital assets, no longer limited to Bitcoin and Ethereum. It is worth noting that the 19b-4 application is a key step for ETFs to be listed on exchanges, as it is a primary condition before formal rule changes. Moreover, USDC is printing money again! This time a total of 250 million USDC was issued, and this hot money is quickly being transferred to major exchanges, indicating that institutions are increasing their positions again! With so much capital consistently buying the dip, it is evident that large investors see the recent decline as a buying opportunity.
The current market has reached the upper edge of the box, patiently waiting for an opportunity to pull back! If this wave falls, everyone must seize the opportunity and go in without hesitation! The second probe will be complete, and then welcome the upward rebound market. Don't lose confidence in Ethereum. When Bitcoin can't move, Ethereum's independent market will come. The big cake is currently supported near the 95000 mark. Today, it broke below the support of 96800, which has now become a resistance. The upward trend has been disrupted, and there may be needle inserting during the market repair process. Ethereum is also the same, after recovering some of the decline, it started a small oscillation, supported near 2580, and resisted near 2650, also in a repair market.
Friday is the unemployment rate and non-farm data, Wednesday is CPI. It's all about risk aversion before the policy comes out. There shouldn't be much change in CPI tonight. The performance of Ethereum ETF has been very good in the past two weeks, only a little selling from Grayscale, no outflows from other institutions.
Tonight I will share a video of the lantern festival in my hometown, which is quite beautiful. ()