Hello, fans and friends, welcome to the president's channel
Yesterday's big cake market trend was within the president's expectations. The basic correction was completed. Now it is starting to break upward gradually. The support point that the president has seen so far is very solid. In terms of current data, the shorts are basically blown up. The dog dealer has no motivation to smash the market again. And now everyone is very sure that this is not a fake bull market. If the real bull market comes, then the rise is inevitable. The decline and correction are just processes. Opportunities that everyone sees are not opportunities. At present, there are cheap chips everywhere waiting for brothers to pick them up. The correction is basically completed, brothers just rush in.
Now the president will take the brothers to look at the relatively valuable information from yesterday and today
Today, the first six virtual asset spot ETFs issued in Hong Kong were officially listed on the Hong Kong Stock Exchange and opened for trading, including Bosera HashKey Bitcoin ETF (3008.HK), Bosera HashKey Ethereum ETF (3009.HK), Huaxia Bitcoin ETF (3042.HK), Huaxia Ethereum ETF (3046.HK), Harvest Bitcoin Spot ETF (3439.HK) and Harvest Ethereum Spot ETF (3179.HK). Many people have not yet realized what kind of changes will be brought to Ethereum after the ETF is passed. The most core and essential change is that old money will enter this emerging market. At the same time, which age group in the world has the most wealth? It must be the middle-aged and elderly group. So this group of people can currently use fund companies to simplify investment in the encryption industry. At the same time, the fund will certainly strongly recommend btceth. Brothers, there is a promising future for Ethereum!
Investment bank TD Cowen said it expects the legal battle between Consensys and the U.S. SEC to last for years, and they still believe the SEC is unlikely to approve a spot Ethereum ETF before 2025.
In fact, it is very understandable that the United States does not approve the Ethereum ETF. At present, the scope of Ethereum being affected by Vitalik is still relatively large, and the United States does not have too many Ethereum chips at all, and it is more about accumulating chips. Brothers, the only obstacle to the approval of Ethereum ETFs is the issue of time. Just be patient and wait for the flowers to bloom.
Contract: The chairman's suggestion is still to buy at a low position in the long term, and do not blindly place orders in the short term. The precise position will be given in the community later. Sol can place orders around 130-125, and brothers can boldly enter the rudder!
In terms of altcoins: Brothers can consider ambushing Ethereum Layer 2 appropriately, and try not to touch the contracts of meme coins, AI tracks, and altcoins. Spots must also be equipped with stop losses, and don't be too greedy, don't think about eating a fat man in one bite.
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