Ethereum Spot ETF: Bloomberg Analyst Extends Deadline For La | Avellan on Binance Square

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Ethereum Spot ETF: Bloomberg Analyst Extends Deadline For Launch
Bloomberg analyst Eric Balchunas has shifted his projected deadline for the launch of Ethereum Spot ETFs in the United States. This development comes following comments by the US Securities and Exchange Commission on the second round of S-1 forms submission. $ETH #BinanceTournament #Megadrop #altcoins #

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Solana (SOL) Rockets Over 10%: Analyzing The Bullish Trend Solana started strong increase above the $135 resistance. SOL price is up over 10% on the ETF hopes and it might rise further toward $162. SOL price started a steady increase and cleared the $142 resistance against the US Dollar. The price is now trading above $142 and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $142 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could correct lower and find bids near the $140-$142 zone. Solana price formed a base above the $125 level and started a fresh increase. SOL broke many hurdles near the $135 and $140 levels to move into a positive zone. It gained over 10%, cleared the $145 resistance, and outperformed Bitcoin and Ethereum. A high was formed at $150.93 and the price is now consolidating gains. It is trading near the 23.6% Fib retracement level of the upward move from the $135 swing low to the $151 high. $SOL #BinanceTournament #CryptoTradingGuide #Megadrop #MicroStrategy #CertiKvsKraken

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