According to the Wall Street Journal, people familiar with the matter said that the SEC has informed several asset management companies that the first spot Ethereum ETF may be launched next Tuesday.

Everything is progressing as expected. From the market's pessimism about the passage of the Ethereum ETF in May this year to the fact that most people in the market still look down on the Ethereum ETF transaction, our views have always been positive and objective.

Looking back at previous articles, we can clearly see why we can be so sure, because we have mastered the method of understanding the bull and bear cycles of the financial market.

Things may not be right or wrong, but everything must have cause and effect.

When you can see through the rules, through cause and effect, you can understand the cause of the event, deduce the development process, key factors, and get a high probability result, you can also be calm and at ease.

Most investors in the currency circle are limited by greed, fear, and cognition, which has become a bull market booster. The market has verified the market, and most investors have been damaged, but the market has recovered quickly.

The Mentougou incident triggered panic selling, and the market rebounded after a brief fluctuation. If investors blindly follow the news and fail to interpret the market and trends, it will be difficult to distinguish the truth from the false

In the bull market, retail investors chase the rise, and the main force uses negative news and market fluctuations to lure them out

The previous decline caused retail investors to lose money, and short-term traders are more afraid of going long. The main force cultivates retail investors' short-selling thinking to accumulate momentum for the bull market to rise

And we have always been firm in our views, because we know that if the main force has the cause of bottom-absorbing funds, there will definitely be the result of pulling the market

Just like this time, Bitcoin fell from US$71,000 to US$53,000, and the market sold all kinds of negative news. Many people believe that Bitcoin will continue to fall sharply, breaking US$50,000 to US$40,000, and believe that there will be no bull market in the short term. I even heard from other analysts that the market has peaked

There may be twists and turns after the Ethereum ETF transaction, but the trend of funds pouring into the currency circle remains unchanged. How much profit depends on the improvement of personal trading system and the unity of knowledge and action. Those who lack systems, techniques and strategies can hardly make profits for a long time just by luck, which is the saddest thing.

But once the market goes, the account returns to the starting point.

This is the money earned by luck, which is returned by strength.

Letting ourselves really have the ability to eat this bowl of rice in the currency circle is what we should pay attention to.

If we can't grasp this bull market and take a wrong step, we will waste 8 years. How many 8 years and 8 years can we have in our life? Can we afford to waste it?#WIF/USDT #TON $BTC $SOL