Although the news of ETF rejection and postponement has come out (the decline is bad news), I think since the institutions have invested so much energy and cost in this, they will definitely not give up easily. Therefore, I still think that the approval is just a matter of time, and the approval time is likely to be in the second half of the year!
Since the Cancun upgrade, Ethereum's chain has been in a sluggish state. I don't think it's a bad thing. If it is very active, it may not be this price. The layout and ambush are all entered in a depressed state.
