I understand that many people have similar concerns or worri | 楠神 on Binance Square

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I understand that many people have similar concerns or worries, but in fact, since the Bitcoin (#BTC) era, some people have been bearish on the market. However, what is the result? Can the GBTC sell-off really prevent Bitcoin ($BTC) from breaking new highs? Moreover, you don’t have to worry too much about the cost of $ETHE, nor do you have to worry that low costs will cause Grayscale to dump the market. These Ethereum (#ETH) are actually held by users and have almost no direct relationship with Grayscale. The only relationship is the management fee of ETHE.
I am not saying that once the Ethereum spot ETF is passed, it will definitely rise. This is indeed unpredictable. But now ETHE’s liquidity is very good, and a lot of transactions were made yesterday. Therefore, how much selling pressure there will be and whether there will be any is not a certainty.
Of course, it is completely okay for you to choose to wait. When the price of Bitcoin was $46,000, many people chose to wait. As a result, those who did not buy at that time are now running to take over at more than $64,000. Therefore, whether to wait is entirely a personal choice, but sometimes, the cost of missing an opportunity may be greater.

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$AXL ETF will be officially launched tomorrow. Many people think that this is a positive sign and there will be a correction.
Let's recall the scene after the launch of the big cake ETF. The ETF was expected to be hyped from 28,000 at that time, and it continued to rise until the day it was officially passed, which was January 11.

Then it began a two-week correction, with the maximum correction amplitude close to 20%, but the increase from the beginning of the hype to the launch has reached 85%, nearly doubling the income. The car is relatively heavy, and there has been no correction. Most people may have sold their chips after this wave of good news landed, resulting in missing the doubling market in the second half.

Therefore, Nan Ge thinks that ETH's ETF will start to rise directly after landing, because this wave of hype about ETH's ETF news started from 3000 points, and it rose to around 4040 before starting to fall. It has retested all the gains. All the longs who followed the last round of hype suffered heavy losses, so the current ETH car is relatively light, and in terms of volume, ETH's market value is 400 billion, and BTC's market value is 1.4 trillion, which is nearly 4 times the range. So even if the funds flowing into ETH are one-fourth of BTC, it will at least double the increase, so Nan Ge's ETH6000 point target remains unchanged, just sit tight and wait for the outbreak.

In addition, cross-chain projects and full-chain protocols have gradually begun to attract attention from funds recently, and continue to be optimistic about W, AXL, and ZRO. Brothers can buy some for layout, because the RWA track may be a hot spot in the subsequent market, and cross-chain projects and RWA tracks are more in line, I think it is necessary to hold some for self-defense. $ETH

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