Even the gas of Ethereum has been fluctuating in the single digits, and the trading volume is a bottom signal. What the market lacks most now is a story, a story that can make everyone believe that "the big one is coming".
Without a story, the dealer dare not pull the market. The pleasure of the K-line will not let everyone get on board. Only with a convincing story can retail investors get on board with peace of mind. The so-called "pulling the market with a basis" can retail investors hold on to it and not run away with all the profit.
At present, the strongest story of this bull market is still the ETF narrative. The ETF narrative has three different meanings:
1- Through ETF, a large amount of real money flows into the currency circle, such as the Bitcoin ETF
2- Favorable expectations, such as the SOL ETF
3- Compliance, such as ETH becoming compliant
The Bitcoin ETF has been sampled before, and the ETH ETF is also expected to be passed in July. Next, ETFs will not apply one by one, but in batches. SOL OP ARB will apply for ETFs. Whether it is passed or not is one thing. Apply first and then we will talk about it.
The influence of ETH ETF's performance on the cottage is far greater than that of BTC ETF. Because institutions and retail investors will use the capital inflow of ETH ETF to benchmark the performance of the large cottage ETFs and price in.
For retail investors, now is a chance to go back to October last year. How would you operate if you travel back?
