Judging from the current trend of Ethereum, the price is firm and there is no major price fluctuation. It seems that most people are betting that the SEC will approve the ETF application tomorrow.

In fact, once the medium- and long-term trend is formed, it will not change direction easily. The medium- and long-term trend of Bitcoin and Ethereum is to rise, break through the previous historical high, and continue to fluctuate and rise to a higher price.

Even if the ETF is not passed tomorrow, the short-term decline will not change the direction of the medium- and long-term upward trend.