⚡️SEC APPROVED ETHEREUM ETF! Bloomberg Analyst: Ethereum ET | Crypto Buzzz on Binance Square

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⚡️SEC APPROVED ETHEREUM ETF!

Bloomberg Analyst: Ethereum ETF will not start trading tomorrow - approval of Form S-1 may take about 2 weeks, but could be longer.

#ETHETFS  #ETFvsBTC 

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🚨🚨 BIGGEST REGRET TILL NOW 🚨🚨 Yesterday, I asked: "Which coin do you regret buying the most during this bullish period?" The consensus was clear: altcoins. Whether older coins like $ROSE, $SHIB, and $PEOPLE, or newcomers like #IO, BB, and RVX, most didn't profit and faced prolonged declines. Key reasons for this: 1. Market Flooded with New Coins 🌊: Like the A-share market, projects often list to raise funds quickly, diverting investments to a few high-quality projects. 2. Lack of Greed 🤑: Altcoins struggle unless the market sentiment becomes extremely greedy: - Greed index surpasses 80. - Major coins set new highs. - Top 5 cryptocurrencies' market share drops significantly, with copycats holding less than 20% of the total market cap. During late bull markets, copycat coins may surge briefly, attracting retail investors before the cycle turns. This highlights the cyclical nature of bull and bear markets. Until greed overtakes reason, the prospects for copycats remain limited. Currently, the environment favors established leaders, indicating the era of copycats isn't imminent. #BinanceTournament #CryptoTradingGuide #BTC☀ #Megadrop

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Why Aren't Altcoins Rising? 😰 Have you noticed that most altcoins aren't gaining much traction lately? 📉 Let's explore why: 1. Rapid Listing of New Tokens on Binance ⏱️: New tokens are being introduced almost daily, overwhelming the market. 2. Lack of Attention for Quality Tokens 👀: High-quality tokens are struggling to get noticed amid the flood of new listings. 3. Traders Seeking Quick Profits 💸: Many traders are chasing new tokens for their higher volatility and quicker profit potential. 4. Withdrawal from Established Tokens 😔: Funds are being pulled from established tokens, reducing their investment and growth potential. While I'm not a financial expert, it seems that if Binance slowed down the listing of new tokens 🔥, established tokens might have a better chance to grow 🚀. What do you think? Do you agree or have a different perspective? Share your thoughts! 💬 #BinanceTournament #Megadrop

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