Quick Questions

Will the approval of ETH ETF replicate the short-term plunge after BTC was approved?

At present, the fee for the Ethereum Mini Trust launched by Grayscale is extremely low, and Grayscale has transferred 1 billion US dollars of Ethereum into the Mini Trust today, so the selling pressure may be smaller than expected, but the selling of arbitrageurs must exist.

The short-term volatility is strong, and the rise and fall cannot be predicted specifically. At present, if the support range is between 3400-3250, it will be a major positive in the long run. With the passage of time, the decline in interest rates and the arrival of the US election, the prospects of Ethereum at the end of the year are undoubtedly very bright. If you are a long-term believer, the last period of patience has arrived, please ignore the short-term voice. Last year, 30,000 or 40,000 Bitcoin was expensive. Is it still expensive now? Make your own investment portfolio. Ignore some emotional information, the holding time of long-term holders is also a kind of practice

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