Will Ethereum continue to rise after reaching this position?

Thirteen believes that the market will remain strong before the results come out on the 23rd, but it is hard to say after the results come out.

That is to say, although the SEC requires the update of the 19B-4 document on the Ethereum ETF, it does not mean that it will definitely pass.

In fact, the probability of passing is far less than what Bloomberg analysts say. Although this media platform is influential, it has a bad reputation. Don't be too obsessed with it.

The 23rd is getting closer and closer, and the results are about to be known.

Once the result is not passed, what will happen to Ethereum and the entire cryptocurrency circle?

Maybe we will experience the thrill of the roller coaster again.

Of course, it is possible to pass a document, and the distance to the real passing is the next time, which can barely be regarded as a positive.

You can imagine the attitude of the SEC towards the Ethereum ETF before. Since Ethereum switched from POW to POS, the topic of securities has never stopped.

It is impossible to completely solve it overnight. There may be more reasons from other aspects.

Therefore, we must be prepared for the fluctuation of the market after the rejection of the Ethereum ETF. It is expected that this fluctuation will not be too small.

This may be our last chance to enter the market.

Back then, Thirteen said in the title of the article that 60,000 was the bottom of this round of callback. Many people scoffed at it. Now what do you think?

As an investor, don't be blinded by the short-term market. Only by taking a long-term view can you make money in the cryptocurrency circle.