โก๏ธThe day you've waited the most is almost here.๐ฅ๐ฅ
Ethereum ETF is going to launch any day next week!
The SEC set a deadline for sending S-1 fillings - 8th of July. That was yesterday
After this, there's no other choice but to wait for the beginning of trades.
One of Bloomberg analysts predict the launch by 18th of July.
Another one - on 15th of July.
But the thing remains the same - high chances it will happen next week.
And what about the price?
Let's look at BTC movement.
A week before the launch, the price was $44,900.
On the ETF day - $46,100(+2.6%).
After this, it started to fall.
13 days after the launch of ETF it reached $39,500(-14%)
1,5 months later it reached ATH(+84%)
Returning back to Ethereum, I expect the same pattern.
On the day of ETF we may see $3,160.
Then it may go down to $2,700.
And at the end of Q3 - $4,000 or even higher
@cryptobreakout_trader #BinanceTurns7 #bitcoin #Binance #Web3 #Ethereum $ETH $ETH $ETH