How do you view the changes in the industry development after the Ethereum ETF is approved? First of all, let me say the conclusion: In my opinion, the market will usher in a long period of "copycat" season, and the bull market is in full swing, but the process will not be so beautiful. Why? Next, let me talk about my personal observations:

1) The market response after the Bitcoin ETF was approved was not as grand as expected. The violent bull market that everyone expected did not come as expected, but it is obvious that the volatility of Bitcoin has decreased, and the market's ability to bear is getting stronger. The mysterious power of Wall Street behind it has become everyone's "bottom-line" guarantee for the stability of Bitcoin.

Because BTC is a pure asset attribute, it lacks a complete ecological support behind it. The secondary market expectations of BTC seem to be out of touch with the primary market that everyone is building. In the short term, BTC's "gain" effect on the market cannot be extended to the primary price investment market, especially to the mainstream Ethereum Lego ecological market, and the correlation is even weaker.

However, the approval of the Ethereum ETF is very different? On the one hand, ETH's deflation will directly affect the activity of the primary market. Ethereum price growth, layer2 The advantage of low gas will be highlighted and will indirectly drive the development of the layer2 market. The reduction in Ethereum circulation will intensify the internal circulation of Restaking and AVS interest-bearing tracks and drive value growth. Ethereum is in the hands of incremental funds and is used to invest in and support compliant top DeFi projects, etc.

If this example seems far-fetched, you just need to understand that the value of Ethereum today is little by little generated by this huge primary Build market behind it. On the contrary, ETH's own asset price and circulation audience will also bring a steady stream of users, funds, and talent resources to the industry ecosystem. This is the fundamental reason why Ethereum ETF will relatively promote the arrival of the "copycat season". #5月市场关键事件 #新币挖矿 #BTC走势分析 #MegadropLista #现货以太坊ETF获美SEC批准