🚨 BREAKING 🚨
GRAYSCALE Has withdrawn its $ETH ETF proposal from the SEC! ⚠️
How is this going to impact the price of ETH?
Read this 👇
This decision might indicate a shift in their strategy or it could be influenced by market conditions, regulatory hurdles, or other factors.
We don't know.
What we know is that ETH trend is not looking good with constantly lower highs and lower lows.
The overall structure does not seem to have a lot of strenght.
Considering this bad news, I am xpecting a 10% retracement until the 2700$ level mark.
That is our last hope for another leg up.
Lose that support and we will go straight to 2000$ 👀
What is your price target for ETH? Comment here👇
