Ethereum crashed! Almost sent me away!
So why did it fall? What went wrong? In fact, our program yesterday gave a good answer, because Grayscale's 10 billion selling pressure came out to cause trouble again!
Like Bitcoin Trust, Grayscale's policy is that you can only buy but not sell, so many people who have bought Ethereum for 7 years cannot cash out. Now Grayscale has turned into Ethereum ETF, and everyone can cash out, so just like Bitcoin ETF at that time, these people started selling.
The previous script of Bitcoin ETF was that it fell for 2 weeks, Grayscale sold almost all, and then it fluctuated upward and doubled. So Ethereum ETF may also be the same script.
You can bravely buy the bottom above 3100 and 3000, and the leverage should not exceed 3 times. Wait patiently, the previous Grayscale selling pressure of Bitcoin ETF lasted for 2 weeks.