$Eth etf approvals may likely happen in the month of May, 2024
From my perspective, I don’t think there would be an immediate massive pump because of the $eth approval infact, I think there would be a significant dump
I believe this cause we all saw what happened to $btc after $btcetf was approved, there was a sharp dump from 48k$ to 38k$ in less than few days
People will be more skeptical about $ethetf and hence, won’t invest in the news as they did with $btc in anticipation of $btcetf which pushed $btc price to 48k$
What are your thoughts about $eth etf coming up?
For now, I think $eth is heading to 1800$ region, what are your thoughts?
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