Will the Ethereum ETF fall after it starts trading, just like the Bitcoin ETF does?
My personal opinion is that this possibility is not high. When the Bitcoin ETF starts trading, Grayscale needs to exchange GBTC for the Bitcoin ETF, selling the GBTC in its hands while buying the ETF, which caused the market to fluctuate, and Bitcoin rose before trading began.
The current situation is that Ethereum has been fluctuating for so long, and there is no need to change hands, so it is more likely that the Ethereum ETF will go up directly when it starts trading.
Just because the market fluctuated and pulled back when the Bitcoin ETF started trading, it cannot be judged that the Ethereum ETF will also fluctuate and pull back when it starts trading. This idea is too subjective and has no basis, but will make you lose the opportunity.
It is impossible to be 100% correct in trading, so you need to use trading strategies and position management, and enter the market in batches, so that you can effectively control risks.
You must know that for spot traders, the biggest risk in a bull market is missing out, and the biggest risk in a bear market is being trapped. The current market is a bull market. If you choose to go short, then the market will rise and this bull market will have nothing to do with you.
It doesn't matter if you are trapped for a short time in the bull market. You can add to your position when the market falls back to lower the average price. If you have coins and funds in your hands, you can make money when the market rises, and add to your position when the market falls to lower the average price. In this way, you can attack when you advance and defend when you retreat. The ultimate goal of long-term trend trading is to catch the trend of the entire bull market.
