Ethereum spot ETF's first-day trading volume exceeded $1 billion, with Grayscale ETHE accounting for nearly half
This trading volume shows that there is still a lot of capital inflow into the ETF, and more will flow in later, which will better promote the rise of ETH
The next step is to continue to observe the capital inflow behind the ETF to better judge the market trend
From the perspective of ETH four hours, ETH has been fluctuating in the 3562-3345 range recently, and the lower pressure position of 3340 is also difficult to break. After all, ETH's ETF has been hyped, and more funds will flow in later to promote the rise of ETH, so the overall trend is still bullish
It is recommended that ETH re-enter the market in the 3360-3380 range, stop loss is placed near 3340, and take profit is placed near 3520-3540
