🚨 RUMOUR 🚨 ETHEREUM $ETH SPOT ETF CAN BE APPROVED AS SOON | Kri on Binance Square

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🚨 RUMOUR 🚨
ETHEREUM $ETH SPOT ETF CAN BE
APPROVED AS SOON AS WEDNESDAY. 
BULLISH IF THIS HAPPENS 🔥
$ETH 

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#Bitcoin is bearish ? BTC was trading inside a massive range in the previous cycle. The price broke out above the range high, but it turned out to be a fakeout followed by a long bear market. In 2024, the price has broken out above the range high again and has been consolidating above the same level for the past few months, which it failed to hold in the previous cycle (2021). As long as $60,000 holds, this still looks like a consolidation phase before another leg up. Bull market consolidations are not bearish.

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