However, the Ethereum ETF has been postponed by the SEC.
The hype expectation of this favorable news has also come to an end, and the Ethereum system will no longer have this hype expectation.
The next approval will have to wait until July 5.
Don’t think that Ethereum will fall next. Even if there are favorable news, Ethereum has never risen, as if it has become an abandoned place in the currency circle.
Thirteen likes this kind of obviously high-quality investment target. The price has been sluggish, the market does not pay attention, the investment risk is low, the future return is high, and it gives me enough time to slowly build a position.
Whenever Ethereum is within 3,000, Thirteen will increase the position. I firmly believe that Ethereum will reach 9,000 in 2024.
Post as evidence!
Recently, Ethereum has faced too much controversy. The CFTC believes that it should be classified as a commodity, while the SEC believes that it is a security.
Once it is determined to be a commodity, CETC will have the right to regulate Ethereum, and can find reasons to fleece Ethereum at any time and find various reasons to fine it.
The same is true for the SEC. Once it is determined to be a security, it has the right to regulate Ethereum and can fleece it at any time.
They are all full of bad intentions.
The situation facing Ethereum is still relatively complicated. In this round of market, the price has not risen.
However, in the long run, we should maintain confidence in Ethereum.
Even GBTC, the biggest short seller in this round, believes that in the next six months, the cryptocurrency market will usher in a huge wave of rising market.
The most important thing now is to buy a ticket and get on the bus, rather than get off and wait and see.
Don't try to make short-term arbitrage. You will be killed if you play around.