Recently, several asset management institutions have submitted revised S-1 documents for spot Ethereum ETFs to the SEC. According to the previous remarks of the SEC Chairman, the Ethereum ETF will be approved this summer and should not be delayed until August. Judging from the recent performance of Ethereum, it is obviously stronger than Bitcoin. Therefore, the probability of Ethereum ETF being approved in late June to early July is relatively high. Once it is listed for trading and new funds enter the market, Ethereum is expected to usher in a strong rebound.

In addition, the market has been weak for several days, and it is time to rebound. Today, BTC can be bought at 65,000-64,500, with a target of 66,000-67,000.

ETH has been stronger than BTC in the past two days, and the rebound is relatively rapid. The strong pressure is still around 3,650. It rebounded last night. If it falls back to 3,500-3,450 during the day, you can try to buy at a low price, and the target is 3,570-3,650.#BTC