Today is 520, and in 3 days the final result of Ethereum ETF must be released.
In fact, if the result is not unexpected, it will definitely be rejected. The institution that applied this time is a small fish and has insufficient influence. The event that Ethereum ETF has the best chance of passing is BlackRock's application in August.
At present, the entire market has expected that it will not pass. The SEC is still arguing whether Ethereum is a security. The possibility of passing without solving this problem is really small.
Once it fails, the market may go down again, but the market has digested the expectations in advance, and the downward range will not be large.
However, this may be the last golden pit of this bull market.
How to grasp it? The investment methodology of Thirteen Circles is a parallel method of long-term position + short-term position. The long-term position does not move, and the short-term position satisfies the hand addiction. This method can minimize the risk and ensure that this bull market will not be missed.
If everything goes well, the market will jump out of this golden pit.
In fact, during this period of time, the market has given us enough time to enter the market at a low level. If you are still short-term and hesitate to take action, you have to think about your own problems.