This morning I saw a lot of news that $ETH ETF was about to be approved for trading - $BTC was affected by Germany Onchain so the fluctuation range was quite wide from Range 54k-58k!
So will there be a Pre-Trading ETF wave and will there be a Sell the news effect when approved?
If compared with the previous $BTC ETF case, I see that the current news $ETH is not as loud, and the participating funds are not too many.
But it cannot be denied that if $ETH ETF is approved, it will be a strong opportunity for traditional money to flow directly into Crypto because HST ETH is the bridge for many trends such as L2, Restaking, LSD, DEX,... to break through.
Although the market fluctuations in recent weeks have been quite strong, the ETH/BTC chart still maintains a hard sideway zone above 0.053.
In my personal opinion, whether or not there is a Pre ETF wave is not important because when the news comes out, I think it will still be SELL the NEWs like the $BTC ETF wave.
Some cases you can refer to because this system belongs to Mr. Vitalik, please pay attention to the shill photos!
- Vitalik shill products: $ENS, $SSV,..
- Goods Dex: $UNI
- Rows L1 evm, L2: $FTM, $SEI, $SUI, $OP, $ZK, $STRK, $ARB,..
- Restaking goods: $ENA, $REZ, $ETHFI, $ALT,...
- LSD goods: $LDO, $RPL,...
- Meme goods: $PEPE,...
