Good morning! ☀️
ETH price is gearing up for a powerful shot amid the upcoming launch of spot ETFs.
Meanwhile, a huge part of the market is holding short positions that are about to be liquidated.
As big capital needs to gather liquidity which is higher, ordinary market participants are afraid to open long positions due to the fact that the German government keeps selling its BTC. D
I continue to hold my long position on ETH in anticipation of an impulsive move. 📈