These four key points tell you that the bull market is coming....
The first is the approval of the Ethereum ETF. The current news is that it will be delayed to July. Why is it delayed?
Referring to the big cake, I personally think that it is nothing more than a matter of time before it will be approved, but it doesn’t matter if it is not approved. Ethereum may experience some fluctuations or even a sharp decline.
However, in a bull market environment, the defects caused by the decline will be filled quickly, and the overall upward trend will not change fundamentally. It is worth noting that if the spot ETF cannot be approved, Ethereum will need to face other competitors from within the market, such as solona. Solona has performed better than BTC in the past 6 months, and other industrial chain tokens are also eager to try.
Ethereum’s leading position will not be challenged for the time being, but other competitors will undoubtedly divert the cake that originally belonged to Ethereum, so Ethereum is still facing many challenges.
The second is the entry of pension funds. BlackRock said that it will promote pension funds, sovereign funds, etc. to enter the blockchain industry in the future, which is a good thing. If they enter at that time, the big cake will take another step forward.
The third one is the US election. Some friends joked that the US election is equal to a surge in Bitcoin. According to observations, this has been fulfilled twice in 2012 and 2016.
Recently, there is news that Trump has expressed his willingness to accept campaign donations in cryptocurrency and said that he will change to embrace blockchain. No matter which party wins the election, it will have more or less impact on us. Let's wait and see.
The fourth one is the interest rate cut. Needless to say, the expectation has been hyped for a long time. Once the interest rate is cut, a large amount of funds will flow into the blockchain. At that time, the real bull will come, so there is no need to panic at the moment. Remember that the deeper the callback, the greater the rebound. If we can hold on, there will be many opportunities behind it. There is no doubt about it.
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