Why is $ETH not going to the moon? ETF=Omega price pump right??? ETF got approved where is Ethereum 8k?
Well turns out when everyone knows that the ETF is going to be approved, and it has been on the discussion for weeks, you are not a genius for buying it before approval.
Literally everyone else thought the same and therefore you just bought into the hype. Also, who says that ETF will guarantee a considerable money inflow? I've never even seen this part being discussed anywhere. Why would investors buy Ethereum ETF?
And you guys know that anyone could buy Bitcoin or Etereum without ETF?? It's easier to buy crypto than to buy stocks. There is no "magic money" that comes after ETF. It's simply not a thing. Yes ETF is a proxy to invest on crypto but anyone who were interested could.. just buy crypto directly the last 10 years.
I mean seriously, why even invest on ETF? I really don't get it, but whatever. It's all for the hype I guess. Thank god I am not the one who is paying for the hype.
Due to overleveraged shorts, Ethereum might pump to, maybe 4000. But anything ridiculous like 8000, or 10,000 is not possible. I keep seeing these posts and I have no idea how they think this is possible. Also $SOL ETF is even more useless. This is all going to backfire in the end.