Ethereum ETF opens for trading tonight, will it surge or plummet?
As the market goes here, everyone thinks it may rise or fall, especially with the good news of ETF about to land, will it really still work?
This is a question without an answer, but as a long-termist, I think it is definitely a good thing. Because it means that over-the-counter funds are entering the market, and institutions such as BlackRock, the world's top investment institutions, are taking the lead. Therefore, it is good in the long run, but the short-term trend may fluctuate.
Take a close look at the market trend in July. From the sharp drop to now, it has been fluctuating upward. The short energy has obviously weakened, while the longs are slowly getting stronger. In addition, the Ethereum ETF will start trading today. As for the plunge that everyone is talking about, I think this possibility is very small.
But the stimulation of market sentiment is an invisible force, because there are many derivatives in the currency circle now: contracts, leverage, options, etc., which will greatly affect the short-term trend. Especially at a clear time node like the official opening of the Ethereum ETF for trading. There will be many people ready to wait for long or short.
So, it can be clearly felt that the recent market is always pinning up and down, which is a manifestation. It is not only to disrupt the market, but also to confuse most people and make everyone more suspicious. In the end, it is just a frightened bird, completely in vain.
July is a more critical node. Many currencies are in the rising stage. Once the east wind comes, these currencies will definitely take off. For investment, this is not only a rare opportunity, but also a stage with controllable risks and relatively clear returns.
All analyses are based on personal investment experience. If you want to truly have a stable future, you must start with yourself, use your external power to start to improve your cognitive ability and professional skills internally, practice repeatedly every day, and slowly polish your trading system.
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