Everyone anticipated that $ETH would pump on the first day of its ETF launch. However, the reality has fallen short of expectations. ETH has struggled to break through its initial resistance level, instead oscillating between support and resistance due to an equilibrium in buying and selling orders. Technically, ETH needs to surpass $3,685 to continue its upward trajectory.

Given the high expectations surrounding ETF approval, it may take several weeks for ETH to see significant growth. Investors should keep an eye on support levels between $2,270 and $3,410, as these ranges could be crucial for future price movements. The delayed reaction suggests that while the market is optimistic about long-term growth, immediate gains may be tempered by broader market conditions and investor sentiment.#ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceHODLerBANANA #Write2Earn!