Ethereum ETF - Already Passed
Then the following projects will be worth paying attention to.
ETH-Beta Watchlist for 2024:
• $PEPE - New Meme King
• $PENDLE - Top Blue Chip DeFi
• $ENA - Major Beneficiary of $ETH Rally
• $METIS - Major Beneficiary of "Low Float/High FDV" Topic
• $ETHFI - Super Restaking Target
• $ALT - Restaking Aggregator (RaaS)
• $REZ - Lowcap Restaking Core
• $MKR - "Endgame" (Rebranding/Rename)
• $OP - L2 Backed by Coinbase and Base Chain
• $ARB -#1in Layer 2 TVL
• $LDO - LSD Transformation Restaking (Backed by Paradigm)
• $ETC - PoW Ethereum
• $ENS - Vitalik Token
• $SSV - LSD Direct Beneficiary
• $UNI - Ethereum OG DeFi
$ETH has been lagging the market since September 2022 and has been showing signs of weakness for nearly two years. Only recently has ETH/BTC's market share begun to rebound
> Narrative trading takes advantage of the collective mentality and emotions of investors. When most market participants agree on a certain outcome, the opposite usually happens.
After the Ethereum ETF is approved, the rise of ETH/BTC may bring a huge altcoin season, and ETH-Beta is most likely to benefit from it.
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