The two support levels to follow for ETH: first, look at the 30-minute lower band support at 4570 points; if it breaks, then look towards the medium term around 4540 points on the 4-hour level; as long as the 4-hour lower band is not broken, continue to expect the bat pattern. This market has been fluctuating and exhausting, but once the institutions start, the market will rise quickly. Intraday pullback to the 4570-4540 line to go long, targets 4670, 4730, 4760.

GM One small burst to the upside is likely in charts acc to me followed by the correction Friday is a nice day to do it #bitcoin# Let's see

ETF Dynamics: The first multi-cryptocurrency ETF in the US (Grayscale Digital Large Cap Fund) has been approved by the SEC and will track Bit, Ethereum, XRP, Solana, and Cardano. The SEC has shortened the ETF review period from 240 days to 75 days. The approval of the first multi-currency encryption ETF in the United States and the SEC's shortening of the ETF review period provide significant institutional benefits to the market, lowering the threshold for traditional investors to participate in the cryptocurrency market, and are expected to attract more incremental funds. The market has strong expectations for a rate cut by the Federal Reserve (the probability of a 25 basis point cut in October is as high as 91.9%). Key technical resistance level: Bitcoin at $118,000 is a key resistance level. If it can effectively break through and hold, it may open up new upward space; if it continues to be under pressure, a pullback may occur. In addition, GT can be accumulated without much thought, GT above 50 dollars is definitely visible. It has been a coin that has been pushed since it was at 5 dollars. I won't say more.