At 9:30 tonight, the Ethereum ETF will officially start its trading journey. With the debut of ETFs, we are curious whether ETH will follow the footsteps of BTC and experience a deep correction before rising again❓❓
Here we explore three potential trends:
The first possibility is that ETH may experience a significant correction, causing the spot and futures markets to undergo a thorough reshuffle before rebounding. In this case, the price may fall back sharply to below 3,000, and may even fall below the 2,800 mark.
The second scenario is a slight correction. In this scenario, ETH may rebound quickly after a brief dip, perhaps touching the MA20 line.
The last possibility is that ETH may ignore the callback expectations and go straight up, catching the bears off guard.
Now, we want to know which trend is most likely to become reality in everyone’s eyes❓
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