After a long position:
- #ETHETFsApproved -they will start operating around July 4th
- #SEC recognized in absentia that ETH is a commodity.
- pumping is logical
against
- the market is illogical and intimidating
- lack of new investors, pump in the sector #AiNarratives only technology companies, interest in crypto is weakening.
- the summer period is statistically bad for alts.
- strange narrative #FED regarding interest rates - lowering interest rates favors risky markets
