A difficult question is before everyone: After Ethereum goes online for trading on July 23, will there be a situation where all the good news is exhausted and the price turns to fall?
This situation does exist to a certain extent.
But this needs to be judged based on the rise of Ethereum before July 23.
If Ethereum soars all the way to around 3700, then after the ETF is passed, the probability of good news turning into bad news will increase significantly.
In this case, it is recommended that everyone clear the leveraged positions in their hands, and long-term spot positions can continue to be held. After all, our target profit position is not to sell Ethereum at 4000 or 6000, but 9000.
Assuming that the Ethereum market has been mediocre and lukewarm, then the Ethereum chips in hand can be held temporarily.
In fact, the probability of a decline after the ETF is passed is relatively low.
What if the market changes abnormally and contrary to common sense, and it does not rise before passing, but falls after passing?
In fact, there is no need to worry. After the Bitcoin ETF was passed, it did fall in the short term. But if we look at the timeline in a longer term, it will eventually rise.
