Today is the 379th day since I started posting updates, without a single day missed. Each post is not done half-heartedly, but is carefully prepared. If you think I am a serious person, you can follow me, and I hope that the content every day can help you. The world is vast, and I am small, so please follow me to avoid difficulty in finding me.

Bitcoin has gone through a week of consolidation, and over the weekend, it surged directly, testing the ascending trend line. The strong rally is supported by a bottom divergence, but the upside potential is limited, with insufficient momentum. The MACD and RSI indicators show signs of a top divergence, suggesting that a pullback may be needed before moving upward again, with a short-term target in the 108000-107300 range. Ethereum surged again, attempting to break 2520, but did not directly break through and stabilize, and is also at the upper edge of the fluctuation range. Therefore, it is likely to experience a pullback, with buying opportunities around 2360. The overall direction for Ethereum continues to look bullish above 3400.

Some altcoins performed well over the weekend, with the Layer 2 sector making a strong rebound. ARB surprisingly rebounded by 50% from its lowest point. OP, STRK, and others also exhibited a relatively strong rebound trend.
Reasons for the surge: The news brings volatility, speculating that this week will see the final approval deadline from the SEC for Grayscale's digital large-cap ETF. The current Grayscale is not the same as it was in 2020 or 2021; now the market is dominated by international giants like BlackRock, MicroStrategy, and Fidelity. Moreover, Grayscale has been continuously reducing its holdings in BTC and ETH, while the speculation is on XRP, SOL, ADA, and DOT. Currently, the data shows that the probability of direct approval is low. There have been several false alarms since the beginning of the year, which have misled many investors. It's best to remain vigilant and observe.