Can ETH's ETF break out of its cocoon and become a butterfly this week?
Today, the market is filled with an atmosphere of expectation. Everyone is hotly discussing the news that Ethereum ETF may be passed, as if this will be a shot in the arm for the market and the dawn of a turning point. I am no exception and am infected by this expectation.
Sanjin's views, like a historical scroll, slowly unfolded in front of me:
In 2022, it was a cold winter of the bear market. In order to compete for market share, a certain An did not hesitate to expose FTX's black material, causing FTX and its affiliated company Luna to collapse instantly like being struck by lightning. The interest rate hike policy of the United States is like adding insult to injury, causing many banks to go bankrupt.
In 2023, the United States provoked trouble again, and the conflict between Russia and Ukraine was like a chain reaction, making the market turbulent again.
In 2024, we expected BTC's ETF to pass and bring a glimmer of hope to the market. The news that the United States plans to cut interest rates in September also gives us hope for a high rebound in the market. However, the statements made by the United States in June and July chilled us to the bone. They said that they would not cut interest rates. Coupled with the impact of the Mentougou incident, various institutions and governments sold assets one after another, and the market fell into the quagmire of decline again.
Now, the fire in the market has subsided, and we seem to be in a silent wilderness. We can only hope that the introduction of the Ethereum ETF will be like a spring breeze to blow away the haze in the market. At the same time, we also look forward to the United States to really cut interest rates in September and bring some momentum to the market.
The future trend is like a ship in the fog. We cannot predict the wind and waves ahead. But I know that hope and disappointment always go hand in hand. When we are most pessimistic, it may be the time for capital to act. Therefore, being patient and sticking to our beliefs is the only thing we can do now.
Let us wait for the good news of the Ethereum ETF and look forward to the turnaround of the market. In the darkest moment, it may be the prelude to dawn.
#TON #以太坊ETF通过 #币安7周年
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My points are very accurate, and old fans know what my strength is.
After the market fell sharply, Sanjin also ambushed some potential coins that are ready to explode.
Leave a comment: 888. We will take you into the team!
