đ Ether (ETH) is partying hard, hitting a 9-week high of $3,840! đ But wait, it's hitting some resistance. Is the buzz around the U.S. spot Ether ETF approval already baked into the price? đ€
Analysts are feeling pretty confident about the approval, especially after the SEC got chatty with NYSE and Nasdaq. But let's not forget, the SEC's decision panel isn't all crypto-fans. đ ââïž
Remember when Bitcoin's price soared post-ETF approval? Could ETH follow suit? Analysts give a 75% chance of approval, and the recent ETH price surge seems to align with Bitcoin's post-approval trend. đ
But don't get too excited! Ether's current price doesn't fully reflect the anticipation of approval. So, there might be room for more gains. đ€
What's your take? Will the Ether ETF get the green light? And what will it mean for ETH's price? Share your thoughts below! đ
Remember, investing is risky business. Do your homework before diving in! đŒ