Ethereum has seen a surge in price due to the increase in expectations for ETF approval.
It is quite unusual for SEC to do this at this critical time. There must be something wrong.
What will happen if SEC still rejects Ethereum ETF the day after tomorrow? Have you ever thought that Ethereum may be directly beaten back to its original form?
It may even bring down altcoins.
This possibility is not impossible, so everyone should be prepared.
Thirteen's suggestion is: long-term positions do not move, and short-term positions can move to stop profit.
Personally, I think the possibility of SEC passing Ethereum ETF is still very low. After all, it is not even clear whether it is a security, especially Grayscale's withdrawal of the application, which indicates that the possibility of passing is not high. Even if it is passed, it is estimated that the time when BlackRock applied is more reasonable.