Ethereum (ETH) escape timing detailed analysis):
First, the current Ethereum ETF has a very high probability of approval. Institutions such as Fidelity and BlackRock quickly resubmitted revised versions of ETF documents, which strongly suggests that the SEC (U.S. Securities and Exchange Commission) is about to approve the Ethereum ETF. If the SEC intends to reject it, it only needs to act on a single application, rather than requiring all applicants to modify the documents at the same time. Therefore, the approval of the ETF seems to be a foregone conclusion.
However, it is worth noting that the Ethereum ETF may not be listed immediately. Unlike the Bitcoin ETF, which was immediately traded on the Nasdaq after approval, the approval of the Ethereum ETF this time seems to be hasty, which means that relevant institutions need an additional few weeks to prepare the S1 form and custody mechanism. But this actually provides more time windows for Ethereum's price to rise, because the market expects that the ETF will bring a large amount of capital inflows, and the price of Ethereum may continue to rise before the ETF is officially listed.
So, in the face of such market trends, how should we deal with it?
First, when the Ethereum ETF is approved, it is expected that there will be a rapid rise in prices, which may be close to 10%. But then, the market may experience a short-term correction. However, this does not mean the end of the trend, as the market heat will continue to maintain as the ETF listing date approaches.
Referring to the trend of Bitcoin ETF, we can expect that the price of Ethereum will remain at a relatively high level before the ETF is officially listed on the New York Stock Exchange. However, when the ETF is actually listed, the market may experience a certain degree of correction, because the good news has been fully absorbed by the market at this time. But this will be an excellent opportunity to buy at the bottom, because major funds on Wall Street may start to buy Ethereum in large quantities.
As for the timing of escaping the top, we need to pay close attention to market dynamics. The price of Ethereum may soar to $6,000 in two or three months, but the real time to escape the top may appear after the Prague upgrade at the end of the year. At that time, Ethereum may soar to $8,000 or even $10,000 again. However, this is just a prediction, and the market trend is affected by many factors, and investors need to operate with caution.
In short, facing the market expectation that the Ethereum ETF will be approved soon, we should pay close attention to market dynamics, be prepared for mid-line corrections, and seize the opportunities of buying at the bottom and escaping at the top.At the same time, you should also maintain a rational investment mentality.
If you don't know how to screen strong coins, then I suggest you follow me. Whether it is spot or contract, a little shot may be your limit. The opportunity is very short, so you must seize it! Success does not rely on luck, choice is greater than effort, and the circle determines destiny. In the currency circle, in addition to having a keen eye for judging the situation, you must also keep up with a good team and a good leader. Follow me and you will be halfway to success in the currency circle! Near q1un + Wei: H98KK5
You can receive the latest free articles in the currency circle every day. The articles are good and can be shared with everyone!
