The recent focus is on Ethereum ETF. Will the positive news become negative news? This is the most concerned topic!

First of all, I would like to share my personal opinion: I think it will be a long-term positive news, and it will drive the market to rise further. Ethereum has always been the fuse of the copycat bull market, which has continued since the big bull market in 2017.

This wave of market, from 2023 to July 2024, although there have been several rising markets, most investors have not felt the wealth effect of the big bull market.

A very important point is that because Ethereum performs generally, even if the Bitcoin ecosystem explodes, the Sol ecosystem explodes, but the entire currency circle is not active, and there is no feeling of a big bull market.

Therefore, this time Ethereum's ETF may be the fuse, which will really ignite the big bull market.