Group friends asked: Hello teacher, ETH has always been weak! Is it related to the decrease in ETF pass rate? If the ETF is rejected in May, will it be weaker?

Answer: The continued weakness of Ethereum is indeed related to the decrease in the ETF pass rate. If the Ethereum ETF fails to pass in May, it will indeed be weaker. Specifically, you can pay attention to: the negative premium data of Grayscale’s Ethereum Trust Fund. If the negative premium data is still growing, it means that the probability of passing in May is greatly reduced. #ETH（二饼）