SOL's ETF is 100% impossible to pass. After the Hong Kong Ethereum ETF passed, the capital inflow was obviously weak, proving that it is still difficult to attract mainstream funds to invest.
The currency circle still emphasizes the speculative effect. The ups and downs of this market are so outrageous. The investment funds emphasize a continuous and stable return. Conservative capital with a little investment philosophy will not choose to take over at this price.
For the capital that is bold and daring to take risks, it can be said that they entered the market earlier than many people who are currently playing in the market. The listing of ETF funds is just a driving force for them to ship, because their chips can be sold at the current price. The profit is countless times. For them, it is just a matter of how much they earn. These veteran players who have held the big pie at a low price for ten or eight years have already achieved a class leap by relying on the big pie. Even if the big pie shrinks a thousand times (according to the price they took at the beginning), it will not affect them.
Moreover, they have been fighting in the market for so many years, and have already understood the market sentiment and the direction of capital flow, and know when to get off and when to take it back.
The price of bitcoin will rise, but definitely not now. Sol will fall. Even if the rebound is so fierce, we will maintain the original view and continue to be bearish.
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