$BTC $ETH

The Ethereum ETF has been officially approved by the SEC, this is in accordance with what I wrote yesterday that this ETF will definitely be approved with a probability of up to 95% because there are several pressures that occur/are experienced by the SEC, namely;

1. Political Pressure

2. Competition with Sturdy Jimping (Hong Kong)

However, right when this announcement was made, there was a bit of (Sell the News) happening in the market, especially in Ethereum, this is the same as yesterday's Bitcoin ETF

Talking about BTC's slight correction to $66,500, what is the reason? Why did it happen?

The reason is because;

1. There has been a slight movement of funds from Bitcoin ETFs to Ethereum

2. The market is ready for a high level breakout, this correction only takes the existing Liquidity in that price area for fuel

I will buy BTC again in the $66,000 price area or around EMA 13 and 21 on the Daily Time Frame

Good luck