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Why can the approval of ETH spot ETF bring so many benefits to ETH? ETFs make it easier for investors to purchase ETH, increasing demand and potentially pushing up prices. ETF enhances the market trust of ETH and attracts more institutional and traditional investors. ETF trading activities enhance market liquidity and reduce the impact of large transactions on prices. Increase the exposure and acceptance of Ethereum in traditional financial markets and attract more types of investors. A large amount of financial support is flowing in through ETFs to promote the development of Ethereum projects and ecosystems. Therefore, the approval of an Ethereum spot ETF can significantly increase the demand, security, liquidity, market participation and overall value of ETH, and promote the growth of the Ethereum ecosystem. #现货以太坊ETF获美SEC批准 $ETH
Why can the approval of ETH spot ETF bring so many benefits to ETH?
ETFs make it easier for investors to purchase ETH, increasing demand and potentially pushing up prices. ETF enhances the market trust of ETH and attracts more institutional and traditional investors. ETF trading activities enhance market liquidity and reduce the impact of large transactions on prices. Increase the exposure and acceptance of Ethereum in traditional financial markets and attract more types of investors. A large amount of financial support is flowing in through ETFs to promote the development of Ethereum projects and ecosystems. Therefore, the approval of an Ethereum spot ETF can significantly increase the demand, security, liquidity, market participation and overall value of ETH, and promote the growth of the Ethereum ecosystem.
#现货以太坊ETF获美SEC批准 $ETH
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In the past 24 hours, ETH has seen a sharp rise and fall. The current price of ETH is 3769.80 USDT, which is lower than the previous high of 3812.38 USDT. The current price rebounded from the support level of about 3724.75 USDT, while the resistance level is around 3800 USDT. The various moving averages show that the current price is above the 7-day moving average (MA(7)), but slightly above the 25-day moving average (MA(25)), indicating that there is still some support and buying interest in the short term. However, considering the recent slowdown in trading volume and the price fluctuations in the past few hours, ETH may fluctuate and consolidate in the range of 3760-3780 USDT in the next hour. If it can stabilize in this range, it is possible to gradually rise and test the resistance level of 3800 USDT. If the trading volume continues to shrink or the market sentiment turns pessimistic, there is a risk of a retracement below the support level of 3724.75 USDT. Although ETH will mostly tend to a stable trend in the near future, considering that the ETH ETF has been approved, it may see a significant increase in the next month. $ETH
In the past 24 hours, ETH has seen a sharp rise and fall. The current price of ETH is 3769.80 USDT, which is lower than the previous high of 3812.38 USDT. The current price rebounded from the support level of about 3724.75 USDT, while the resistance level is around 3800 USDT. The various moving averages show that the current price is above the 7-day moving average (MA(7)), but slightly above the 25-day moving average (MA(25)), indicating that there is still some support and buying interest in the short term. However, considering the recent slowdown in trading volume and the price fluctuations in the past few hours, ETH may fluctuate and consolidate in the range of 3760-3780 USDT in the next hour. If it can stabilize in this range, it is possible to gradually rise and test the resistance level of 3800 USDT. If the trading volume continues to shrink or the market sentiment turns pessimistic, there is a risk of a retracement below the support level of 3724.75 USDT. Although ETH will mostly tend to a stable trend in the near future, considering that the ETH ETF has been approved, it may see a significant increase in the next month. $ETH
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In just a few hours, PEPE's price rose from 0.00001381 to the current 0.00001473, and the value of PEPE rose by more than 0.00000092. The K-line chart has multiple green real lines, and the upward momentum is obvious. There has been a significant enlargement in the past few hours, especially in the past hour, showing a large amount of buying entering the market. This phenomenon usually indicates that the market has strong confidence in the currency and may continue to push up prices. In the next hour, if there is no sudden large-scale sell-off or negative market news, the price of PEPE may remain in the rising channel. With the current upward momentum and strong trading volume support, there is a certain probability that the price will continue to rise, and may break through the current short-term high. #pepe $PEPE
In just a few hours, PEPE's price rose from 0.00001381 to the current 0.00001473, and the value of PEPE rose by more than 0.00000092. The K-line chart has multiple green real lines, and the upward momentum is obvious. There has been a significant enlargement in the past few hours, especially in the past hour, showing a large amount of buying entering the market. This phenomenon usually indicates that the market has strong confidence in the currency and may continue to push up prices. In the next hour, if there is no sudden large-scale sell-off or negative market news, the price of PEPE may remain in the rising channel. With the current upward momentum and strong trading volume support, there is a certain probability that the price will continue to rise, and may break through the current short-term high. #pepe $PEPE
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At 4:30 pm, Eastern Time Zone 8, pepe fell to 0.00001276, and then rebounded rapidly to above 0.0000139 in just half an hour. Long and short double kills. Friends who opened contracts have to make up the margin. This month is the explosion month of pepe. No matter how pepe falls, it will eventually break a new high. As a qualified leek, you should learn to chase the rise and kill the fall. When you see the price of the currency soaring, open a 10× contract to buy more without thinking, set a 10% take profit point, and set a 20% stop loss point. In fact, it doesn’t matter how much the currency can rise. If you don’t buy it, it has nothing to do with you even if the currency rises 300%. If the currency does not develop in your direction, it has nothing to do with you. You must learn to set stop profit and stop loss. It doesn’t matter how much money you make, what matters is that the principal cannot be lost. #以太坊ETF批准预期 #pepe $PEPE
At 4:30 pm, Eastern Time Zone 8, pepe fell to 0.00001276, and then rebounded rapidly to above 0.0000139 in just half an hour. Long and short double kills. Friends who opened contracts have to make up the margin. This month is the explosion month of pepe. No matter how pepe falls, it will eventually break a new high. As a qualified leek, you should learn to chase the rise and kill the fall. When you see the price of the currency soaring, open a 10× contract to buy more without thinking, set a 10% take profit point, and set a 20% stop loss point. In fact, it doesn’t matter how much the currency can rise. If you don’t buy it, it has nothing to do with you even if the currency rises 300%. If the currency does not develop in your direction, it has nothing to do with you. You must learn to set stop profit and stop loss. It doesn’t matter how much money you make, what matters is that the principal cannot be lost.
#以太坊ETF批准预期 #pepe $PEPE
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At 4:00 pm Eastern Time, a shocking red line appeared. I don't know how many people were liquidated.
At 4:00 pm Eastern Time, a shocking red line appeared. I don't know how many people were liquidated.
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#pepe pepe Just buy it without thinking, no matter what price you buy it at, you will not lose money. If you don't buy it, you will lose money.
#pepe pepe Just buy it without thinking, no matter what price you buy it at, you will not lose money. If you don't buy it, you will lose money.
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