At this anxious moment, please remember one important thing | 唐华斑竹 on Binance Square

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At this anxious moment, please remember one important thing and one point of view.
One important thing is that the Ethereum spot ETF will be listed sooner or later. It is just a matter of time. If you can hold on, you can catch up with another wave of crazy capital inflow.
One point of view is: any market crash without substantial negative news is rogue.
At present, there is no substantial negative news. At most, the analysis agency is bearish and the US interest rate cut is delayed. However, in the past 24 hours, the entire network has exploded 318 million US dollars, mainly long orders. What's going on? After thinking about it, it can only be explained by the dealer's profit-taking and deep wash.
On June 18, according to Coinglass data, the entire network exploded 318 million US dollars in the past 24 hours, of which long orders exploded 270 million US dollars and short orders exploded 48.1062 million US dollars.
$BTC 
$AVAX 
$MATIC 
In addition, I will teach you another trick:
Click on the yellow currency symbol (such as $BNB) in the post to buy and sell spot, and click on the rectangular currency price trend chart to trade contracts. It is very convenient.

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唐华斑竹

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If this analysis is true, then the Ethereum spot ETF will be launched in just over ten days. No wonder the market makers are so crazy about the bloodbath and desperately trying to absorb funds!
Bloomberg analyst: The launch date of the spot Ethereum ETF is expected to be advanced to July 2
Bloomberg ETF analyst Eric Balchunas wrote on X: "We expect the launch date of the spot Ethereum ETF to be advanced to July 2. I heard that (SEC) staff sent comments on S-1 to the issuer today, and the comments were brief and there were no major problems. They asked for a reply within a week. They are likely to announce the effectiveness next week and resolve the matter before the holiday. Everything is possible, but this is our best guess at the moment. The previous forecast date was July 4, so this is not a major change."
Earlier news, the SEC said at the hearing that the document may be approved this summer, but did not specify the specific date.
If ETH attracts huge funds into the market, it will definitely not be just ETH that will benefit. For example, Xai, which I have always been optimistic about, will definitely benefit! Xai announced on Thursday that it will begin rolling out the Vanguard: Genesis event. On June 11, Vanguard: Genesis was launched on GALXE, offering several months of game releases and new rewards. Has everyone participated? If not, be sure to join us.
This event is another grand event following last year's Xai Odyssey event. The event will last until November and will launch a series of new game versions, tasks, achievements and rewards for the Xai community. Games including "Crypto Unicorn", "Final Form" and "Lost Glitter" will be launched and reward players for achieving in-game milestones as they compete for the top of the leaderboard.
Last year's Odyssey event attracted more than 500,000 wallets, generated up to 5 million transactions per day, and distributed rewards worth $175 million to players at the top of the leaderboard.
This time, #Xai先锋创世纪 is larger and richer than previous events in terms of scale and design layout. It will undoubtedly be a milestone in the development of Xai, and may even reshape the future blueprint of Xai!
$XAI

$ETH

Click on the yellow currency symbol in the post to buy and sell spot, and click on the rectangular currency price chart to trade contracts.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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