Will $ETH ETF be approved? Will it go to 6000U?

Ethereum is now suddenly reported to approve ETF. Is this a fake news deliberately released by the dealer to pull the market, or will it really be approved?

First of all, I think it is likely to be approved!

Because the news was sent by Bloomberg analyst Eric Balchunas, who is an analyst I respect very much. His previous news on Bitcoin ETF was very accurate, so the news is likely to be credible.

And the ETF application agency Vanda also sent some community updates in a vague way, all of which implied that it could be approved, which was also verified.

Once it is approved, it will explode again, and then after it is listed on the Nasdaq for trading, major institutions will enter the market, and there should be a considerable increase. The most conservative estimate is that it will reach the previous high of around 4000, but I think it is likely to reach the historical high of around 4800 in this wave.

Therefore, you can add to your Ethereum position when it falls. If it falls back to just over 3,600, you can lay out some bottom positions. If it falls back to 3,500, you can go all out, just a low multiple. There will definitely be a lot of volatility in the near future, so be careful not to get liquidated.

Those who got on the train around 3,000 should hold on! #以太坊ETF批准预期 #BTC突破7万大关 #山寨币热点 #5月市场关键事件