Square1212
@Evandrotrader-00100
Analista de cripto e entusiasta de cripto
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AND NOW WILL THE BULL START???
#BTC☀️ #bitcoin $BTC
The BTC narrative has never been so strong. What can we expect for this cycle, since we had great signs of a strong rise!
What happened after these movements?
The movement that everyone is waiting for is coming???
What can we say about this news?
American banks offering Bitcoin ETFs to their clients
The revolution in the financial market continues to happen. Now the big American banks (Bank of America, Merrill Lynch and Wells Fargo) are offering Bitcoin ETFs to their clients. Bitcoin ETFs offer a bridge between the traditional world of finance".
Lots of liquidity and interest coming!!!
#BTC☀️ #bitcoin $BTC
The BTC narrative has never been so strong. What can we expect for this cycle, since we had great signs of a strong rise!
What happened after these movements?
The movement that everyone is waiting for is coming???
What can we say about this news?
American banks offering Bitcoin ETFs to their clients
The revolution in the financial market continues to happen. Now the big American banks (Bank of America, Merrill Lynch and Wells Fargo) are offering Bitcoin ETFs to their clients. Bitcoin ETFs offer a bridge between the traditional world of finance".
Lots of liquidity and interest coming!!!
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PINNED
#ETH $ETH
Could it be time for Alts???
I'm optimistic, but be careful with your money, as normal corrections can be lost and can be scary because the market is full of whales.
The sea is full of whales, time to ride a whale and climb along
Bull market is like that!!!
For those who thought it would drop to 52 thousand!!
Look at my analyzes I said that BTC could shoot up to try to break the top and when BTC reaches 80 thousand it could move sideways between 85 thousand and 100 thousand I don't doubt that this leg will take BTC to h100 thousand dollars
$BTC
$ETH
Could it be time for Alts???
I'm optimistic, but be careful with your money, as normal corrections can be lost and can be scary because the market is full of whales.
The sea is full of whales, time to ride a whale and climb along
Bull market is like that!!!
For those who thought it would drop to 52 thousand!!
Look at my analyzes I said that BTC could shoot up to try to break the top and when BTC reaches 80 thousand it could move sideways between 85 thousand and 100 thousand I don't doubt that this leg will take BTC to h100 thousand dollars
$BTC
$ETH
See original
BTC
$BTC #bnb #bitcoin
BITCOIN 🐂
LOOK!!! Many of us know that Bitcoin can go up much more when?
The biggest problem is that everyone wants it to go up yesterday!!!
In my opinion, when BTC breaks 72 thousand, it will quickly reach close to 90 thousand and then we can reach 120 to 150 thousand Dollars!
But one thing depends on when it reaches 150, we can even go up more, that's only time will tell!
We can see the top of this cycle at 150, but we can reach close to 300. I believe that by the end of 2025 and at most mid-26, we will reach the top!
$BTC #bnb #bitcoin
BITCOIN 🐂
LOOK!!! Many of us know that Bitcoin can go up much more when?
The biggest problem is that everyone wants it to go up yesterday!!!
In my opinion, when BTC breaks 72 thousand, it will quickly reach close to 90 thousand and then we can reach 120 to 150 thousand Dollars!
But one thing depends on when it reaches 150, we can even go up more, that's only time will tell!
We can see the top of this cycle at 150, but we can reach close to 300. I believe that by the end of 2025 and at most mid-26, we will reach the top!
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$SAGA
Saga may seek historic high, don't miss opportunities
Weekly chart with double bottom, if confirmed, we may have a significant increase for the token. Let's trust in Saga, with a BTC recovery in 20 days we may be at the top!!!
Saga may seek historic high, don't miss opportunities
Weekly chart with double bottom, if confirmed, we may have a significant increase for the token. Let's trust in Saga, with a BTC recovery in 20 days we may be at the top!!!
See original
YOU HAVE BEEN WARNED!!!
Follow my analyses, with serious work helping people in the market 🚀🚀🚀✌️
Follow my analyses, with serious work helping people in the market 🚀🚀🚀✌️
RISK MARKETS!!!
F.E.D. ???
Are the markets melting?
If you leave the market now, it's a sign that you don't know what you're doing or where you are!
The market falling a lot is what they are talking about now and they expect a worsening of the economic scenario, but in my opinion we are much better off than we imagined.
Look at what was expected from the market and where we are!
Stop being stupid and handing over money to the whales if you're a sardine like me!
If you are a market whale, then you don't know what you are doing here, you have a lot of money and don't know how to operate, go to fixed income!
Many are selling now and when the market soars they will buy more expensively instead of buying now!
The Central Bank will not change expectations because there is a lot of pressure on it and the data is not as bad as they say, the job market is not heated and many are mistaken, the job market is on the path that the Central Bank expects, and in the last two years it has never been as controlled as it is now, the expectations are that the central bank will start cutting interest rates this year and slowly we will return to the economy strengthening because the concern is that the economy will rise without an increase in inflation.
However, in the next few years this will be impossible, but at least now in the next two years we will pretend that it will work and that is what will happen "the central bank will control inflation" the markets will rise further with a lot of traps and you who are selling will be left out.
The job market had an increase in unemployment in the unemployment rate, there were specific hires and those hires that do not change much in the lives of Americans, and as the numbers are raw, it is included in the numbers, but if you analyze the numbers, you will see that it is not in line with what does it look like
Tomorrow the rate comes out and we can see the scenario change completely!
Good luck and good work everyone!
$BTC #BTC
F.E.D. ???
Are the markets melting?
If you leave the market now, it's a sign that you don't know what you're doing or where you are!
The market falling a lot is what they are talking about now and they expect a worsening of the economic scenario, but in my opinion we are much better off than we imagined.
Look at what was expected from the market and where we are!
Stop being stupid and handing over money to the whales if you're a sardine like me!
If you are a market whale, then you don't know what you are doing here, you have a lot of money and don't know how to operate, go to fixed income!
Many are selling now and when the market soars they will buy more expensively instead of buying now!
The Central Bank will not change expectations because there is a lot of pressure on it and the data is not as bad as they say, the job market is not heated and many are mistaken, the job market is on the path that the Central Bank expects, and in the last two years it has never been as controlled as it is now, the expectations are that the central bank will start cutting interest rates this year and slowly we will return to the economy strengthening because the concern is that the economy will rise without an increase in inflation.
However, in the next few years this will be impossible, but at least now in the next two years we will pretend that it will work and that is what will happen "the central bank will control inflation" the markets will rise further with a lot of traps and you who are selling will be left out.
The job market had an increase in unemployment in the unemployment rate, there were specific hires and those hires that do not change much in the lives of Americans, and as the numbers are raw, it is included in the numbers, but if you analyze the numbers, you will see that it is not in line with what does it look like
Tomorrow the rate comes out and we can see the scenario change completely!
Good luck and good work everyone!
$BTC #BTC
See original
RISK MARKETS!!!
F.E.D. ???
Are the markets melting?
If you leave the market now, it's a sign that you don't know what you're doing or where you are!
The market falling a lot is what they are talking about now and they expect a worsening of the economic scenario, but in my opinion we are much better off than we imagined.
Look at what was expected from the market and where we are!
Stop being stupid and handing over money to the whales if you're a sardine like me!
If you are a market whale, then you don't know what you are doing here, you have a lot of money and don't know how to operate, go to fixed income!
Many are selling now and when the market soars they will buy more expensively instead of buying now!
The Central Bank will not change expectations because there is a lot of pressure on it and the data is not as bad as they say, the job market is not heated and many are mistaken, the job market is on the path that the Central Bank expects, and in the last two years it has never been as controlled as it is now, the expectations are that the central bank will start cutting interest rates this year and slowly we will return to the economy strengthening because the concern is that the economy will rise without an increase in inflation.
However, in the next few years this will be impossible, but at least now in the next two years we will pretend that it will work and that is what will happen "the central bank will control inflation" the markets will rise further with a lot of traps and you who are selling will be left out.
The job market had an increase in unemployment in the unemployment rate, there were specific hires and those hires that do not change much in the lives of Americans, and as the numbers are raw, it is included in the numbers, but if you analyze the numbers, you will see that it is not in line with what does it look like
Tomorrow the rate comes out and we can see the scenario change completely!
Good luck and good work everyone!
$BTC #BTC
F.E.D. ???
Are the markets melting?
If you leave the market now, it's a sign that you don't know what you're doing or where you are!
The market falling a lot is what they are talking about now and they expect a worsening of the economic scenario, but in my opinion we are much better off than we imagined.
Look at what was expected from the market and where we are!
Stop being stupid and handing over money to the whales if you're a sardine like me!
If you are a market whale, then you don't know what you are doing here, you have a lot of money and don't know how to operate, go to fixed income!
Many are selling now and when the market soars they will buy more expensively instead of buying now!
The Central Bank will not change expectations because there is a lot of pressure on it and the data is not as bad as they say, the job market is not heated and many are mistaken, the job market is on the path that the Central Bank expects, and in the last two years it has never been as controlled as it is now, the expectations are that the central bank will start cutting interest rates this year and slowly we will return to the economy strengthening because the concern is that the economy will rise without an increase in inflation.
However, in the next few years this will be impossible, but at least now in the next two years we will pretend that it will work and that is what will happen "the central bank will control inflation" the markets will rise further with a lot of traps and you who are selling will be left out.
The job market had an increase in unemployment in the unemployment rate, there were specific hires and those hires that do not change much in the lives of Americans, and as the numbers are raw, it is included in the numbers, but if you analyze the numbers, you will see that it is not in line with what does it look like
Tomorrow the rate comes out and we can see the scenario change completely!
Good luck and good work everyone!
$BTC #BTC
See original
RISK MARKETS!!!
F.E.D. ???
Are the markets melting?
If you leave the market now, it's a sign that you don't know what you're doing or where you are!
The market falling a lot is what they are talking about now and they expect a worsening of the economic scenario, but in my opinion we are much better off than we imagined.
Look at what was expected from the market and where we are!
Stop being stupid and handing over money to the whales if you're a sardine like me!
If you are a market whale, then you don't know what you are doing here, you have a lot of money and don't know how to operate, go to fixed income!
Are the markets melting?
If you leave the market now, it's a sign that you don't know what you're doing or where you are!
The market falling a lot is what they are talking about now and they expect a worsening of the economic scenario, but in my opinion we are much better off than we imagined.
Look at what was expected from the market and where we are!
Stop being stupid and handing over money to the whales if you're a sardine like me!
If you are a market whale, then you don't know what you are doing here, you have a lot of money and don't know how to operate, go to fixed income!
See original
ETHEREUM?
What do institutional people think?
Be careful with narratives!
Meanwhile, crypto ETF issuer VanEck raised its price target for Ethereum — expecting the cryptocurrency to reach $22,000 by 2030.
In a blog published June 5 by VanEck's head of digital asset research Matthew Sigel and two colleagues, analysts raised their 2030 expectations for Ether — rising from just $11,800 last year — noting that its revenue per user exceeds most Web2 businesses and is poised to grow in popularity among traditional financial market participants as well as Big Tech.
Be careful with narratives!
Meanwhile, crypto ETF issuer VanEck raised its price target for Ethereum — expecting the cryptocurrency to reach $22,000 by 2030.
In a blog published June 5 by VanEck's head of digital asset research Matthew Sigel and two colleagues, analysts raised their 2030 expectations for Ether — rising from just $11,800 last year — noting that its revenue per user exceeds most Web2 businesses and is poised to grow in popularity among traditional financial market participants as well as Big Tech.
See original
Renzo is a great opportunity!
It's going to go up a lot!
ATTENTION TO THIS TOKEN!
This token has a very low market capitalization!
This token is in its initial stages but is already attracting market attention due to its diverse resources and professionals behind the project!I easily see this token above 5 billion dollars and that would give it an appreciation of at least 20xAs it is a new token on the market, enter with caution and we may experience a lot of volatility!I'm positioned and waiting for the 20x.
ATTENTION TO THIS TOKEN!
This token has a very low market capitalization!
This token is in its initial stages but is already attracting market attention due to its diverse resources and professionals behind the project!I easily see this token above 5 billion dollars and that would give it an appreciation of at least 20xAs it is a new token on the market, enter with caution and we may experience a lot of volatility!I'm positioned and waiting for the 20x.
See original
$BTC #bitcoin
,🚀🚀🚀
The market tends to rise more and more!!!
POSITIVE NEWS!!!
Following the success of Bitcoin ETFs in the US, which already hold more than 850,000 BTC, other managers are looking to meet this market demand in other locations. This week, two new countries entered this race, Australia and Thailand.
In Australia, the Monochrome Asset Management’s Bitcoin ETF (IBTC) began trading this Monday (3), being the first spot Bitcoin ETF in the country. Data such as volume can be seen on the CBOE page.
The Thai Securities and Exchange Commission approved the first Bitcoin ETF this Tuesday (4). The ETF will be managed by One Asset Management (ONEAM) and is expected to launch soon.
More caution #BB
,🚀🚀🚀
The market tends to rise more and more!!!
POSITIVE NEWS!!!
Following the success of Bitcoin ETFs in the US, which already hold more than 850,000 BTC, other managers are looking to meet this market demand in other locations. This week, two new countries entered this race, Australia and Thailand.
In Australia, the Monochrome Asset Management’s Bitcoin ETF (IBTC) began trading this Monday (3), being the first spot Bitcoin ETF in the country. Data such as volume can be seen on the CBOE page.
The Thai Securities and Exchange Commission approved the first Bitcoin ETF this Tuesday (4). The ETF will be managed by One Asset Management (ONEAM) and is expected to launch soon.
More caution #BB
See original
#om Attention!!!
$OM $#om
BlackRock surpasses Franklin Templeton and has the largest RWA Token fund in the world
The financial market witnessed a significant milestone this week, with BlackRock overtaking Franklin Templeton to assume the position of the world's largest RWA (Real World Assets) token fund. This comes after a $70 million raise in the BlackRock BUIDL fund last week.
BlackRock BUIDL now leads the market with $375 million in tokenized assets. This fund, represented by the BUIDL token on the Ethereum network, is backed by a combination of US Treasury bonds, forward contracts and liquidity.
The collaboration between BlackRock and the Securitize tokenization platform gave rise to this fund, which in just six weeks since its launch has already captured around 30% of the market share.
Meanwhile, the Franklin OnChain U.S. Government Money fund (represented by the BENJI token) saw its assets under management decline to $368 million due to smaller outflows over the same period.
🚀 Looking for the next 100x coin?
Check out our Pre-Sales suggestions to invest now
The change in position was largely driven by the growth of Ondo Finance (ONDO) and its tokenized treasury offering, called OUSG, which uses BlackRock's token as a reserve asset.
#mantra It can go up a lot!!!
$OM $#om
BlackRock surpasses Franklin Templeton and has the largest RWA Token fund in the world
The financial market witnessed a significant milestone this week, with BlackRock overtaking Franklin Templeton to assume the position of the world's largest RWA (Real World Assets) token fund. This comes after a $70 million raise in the BlackRock BUIDL fund last week.
BlackRock BUIDL now leads the market with $375 million in tokenized assets. This fund, represented by the BUIDL token on the Ethereum network, is backed by a combination of US Treasury bonds, forward contracts and liquidity.
The collaboration between BlackRock and the Securitize tokenization platform gave rise to this fund, which in just six weeks since its launch has already captured around 30% of the market share.
Meanwhile, the Franklin OnChain U.S. Government Money fund (represented by the BENJI token) saw its assets under management decline to $368 million due to smaller outflows over the same period.
🚀 Looking for the next 100x coin?
Check out our Pre-Sales suggestions to invest now
The change in position was largely driven by the growth of Ondo Finance (ONDO) and its tokenized treasury offering, called OUSG, which uses BlackRock's token as a reserve asset.
#mantra It can go up a lot!!!
See original
Attention !!!
$BB #bb
TOKEN BB building up and then exploding!!!
*On the 4H chart we failed when trying to break the bull flag as shown in the image below:.
*We can go back to the bottom at 0.5700 and then go up.
*ATTENTION !!!
As the market is full of traps we can even lose bottom and look for 0.4900 or even 0.4700 and then go up as illustrated.
Everything is a possibility and they are great buying points and in the long term this token can greatly multiply your capital ✌️
$BB #bb
TOKEN BB building up and then exploding!!!
*On the 4H chart we failed when trying to break the bull flag as shown in the image below:.
*We can go back to the bottom at 0.5700 and then go up.
*ATTENTION !!!
As the market is full of traps we can even lose bottom and look for 0.4900 or even 0.4700 and then go up as illustrated.
Everything is a possibility and they are great buying points and in the long term this token can greatly multiply your capital ✌️
See original
ATTENTION TO THIS TOKEN!!!
$REZ #rez
REZ
On the daily chart REZ is making an interesting pattern if it overcomes resistance and confirms the bullish pivot we will see an increase of more than 40%.
As shown in the image below, we are about to move towards an upward pivot in which we are testing the 0.1300 region!!!
RSI/STK is crossing indicating bullish!!!
If we overcome the resistance in red in the image and make another pivot towards the 0.2000 region
we can have an explosive movement of more than 50% taking the asset to more than 0.3000, which means an increase of more than 100% in the next few days.
First target on the red lines attention!!!
$REZ #rez
REZ
On the daily chart REZ is making an interesting pattern if it overcomes resistance and confirms the bullish pivot we will see an increase of more than 40%.
As shown in the image below, we are about to move towards an upward pivot in which we are testing the 0.1300 region!!!
RSI/STK is crossing indicating bullish!!!
If we overcome the resistance in red in the image and make another pivot towards the 0.2000 region
we can have an explosive movement of more than 50% taking the asset to more than 0.3000, which means an increase of more than 100% in the next few days.
First target on the red lines attention!!!
See original
Whales drive the market to over 2 trillion!!!
#bitcoin $BTC #Binance #btc
*Investments in Blockchain*
“Banks are driven by customers’ desires. That's why investment giant Goldman Sachs, founded in 1896 in the United States, entered the cryptocurrency market, according to Mathew McDermott, the company's global head of digital assets.
“I would say that what banks do is driven by customer demand, and if they want to trade crypto-related products, we want to be ready to offer as much as we can. This is a key factor”, he said this Wednesday (29) at Consensus, the largest cryptoactive fair in the world, which takes place between now and May 31 in Texas.
*Goldman Sachs entered the cryptocurrency market in May 2021 with a Bitcoin (BTC)-linked derivatives trading desk. Subsequently, it also started offering Bitcoin and Ethereum (ETH) options. Last year, the investment giant joined Microsoft and other companies to launch a blockchain network.
*In addition to the need to serve clients, McDermott said Goldman Sachs entered the sector because of the benefits of crypto technology for the traditional market. “We can see the potential for how blockchain can transform the traditional system to bring more efficiency to the way we operate.”
We must be aware of what we do, but based on this precious information, what would you do???
Investing in a cryptocurrency linked to efficient Blockchain!!!
NETWORK #Binance /BNB #ethereum /ETH
#solana/SOL
LINK / MATIC / DOT / METTIS!!!
BULL MARKET is coming
#bitcoin $BTC #Binance #btc
*Investments in Blockchain*
“Banks are driven by customers’ desires. That's why investment giant Goldman Sachs, founded in 1896 in the United States, entered the cryptocurrency market, according to Mathew McDermott, the company's global head of digital assets.
“I would say that what banks do is driven by customer demand, and if they want to trade crypto-related products, we want to be ready to offer as much as we can. This is a key factor”, he said this Wednesday (29) at Consensus, the largest cryptoactive fair in the world, which takes place between now and May 31 in Texas.
*Goldman Sachs entered the cryptocurrency market in May 2021 with a Bitcoin (BTC)-linked derivatives trading desk. Subsequently, it also started offering Bitcoin and Ethereum (ETH) options. Last year, the investment giant joined Microsoft and other companies to launch a blockchain network.
*In addition to the need to serve clients, McDermott said Goldman Sachs entered the sector because of the benefits of crypto technology for the traditional market. “We can see the potential for how blockchain can transform the traditional system to bring more efficiency to the way we operate.”
We must be aware of what we do, but based on this precious information, what would you do???
Investing in a cryptocurrency linked to efficient Blockchain!!!
NETWORK #Binance /BNB #ethereum /ETH
#solana/SOL
LINK / MATIC / DOT / METTIS!!!
BULL MARKET is coming
See original
oBull market!!!
#btc $BTC #mercadocripto
Whales boost the market to my 2 trillion!!!
“Banks are driven by customers’ desires. That's why investment giant Goldman Sachs, founded in 1896 in the United States, entered the cryptocurrency market, according to Mathew McDermott, the company's global head of digital assets.
“I would say that what banks do is driven by customer demand, and if they want to trade crypto-related products, we want to be ready to offer as much as we can. This is a key factor”, he said this Wednesday (29) at Consensus, the largest cryptoactive fair in the world, which takes place between now and May 31 in Texas.
*Goldman Sachs entered the cryptocurrency market in May 2021 with a Bitcoin (BTC)-linked derivatives trading desk. Subsequently, it also started offering Bitcoin and Ethereum (ETH) options. Last year, the investment giant joined Microsoft and other companies to launch a blockchain network.
*In addition to the need to serve clients, McDermott said Goldman Sachs entered the sector because of the benefits of crypto technology for the traditional market. “We can see the potential for how blockchain can transform the traditional system to bring greater efficiency to the way we operate.”
We must be aware of what we do, but based on this precious information, what would you do???
Investing in a crypto linked to efficient Blockchain!!!
NETWORK #Binance /BNB #ethereum /ETH
#solana /SOL
LINK / MATIC / DOT / METTIS!!!
BULL MARKET is coming
#btc $BTC #mercadocripto
Whales boost the market to my 2 trillion!!!
“Banks are driven by customers’ desires. That's why investment giant Goldman Sachs, founded in 1896 in the United States, entered the cryptocurrency market, according to Mathew McDermott, the company's global head of digital assets.
“I would say that what banks do is driven by customer demand, and if they want to trade crypto-related products, we want to be ready to offer as much as we can. This is a key factor”, he said this Wednesday (29) at Consensus, the largest cryptoactive fair in the world, which takes place between now and May 31 in Texas.
*Goldman Sachs entered the cryptocurrency market in May 2021 with a Bitcoin (BTC)-linked derivatives trading desk. Subsequently, it also started offering Bitcoin and Ethereum (ETH) options. Last year, the investment giant joined Microsoft and other companies to launch a blockchain network.
*In addition to the need to serve clients, McDermott said Goldman Sachs entered the sector because of the benefits of crypto technology for the traditional market. “We can see the potential for how blockchain can transform the traditional system to bring greater efficiency to the way we operate.”
We must be aware of what we do, but based on this precious information, what would you do???
Investing in a crypto linked to efficient Blockchain!!!
NETWORK #Binance /BNB #ethereum /ETH
#solana /SOL
LINK / MATIC / DOT / METTIS!!!
BULL MARKET is coming
See original
#bb $BB
Great project, get ready for this opportunity!!!
I'm in what I think is a great opportunity for this bull market that we are in.
Consideration about#BB
* INNOVATION
* PROMISING
* Low capitalization
* Tokenomics
* Ecosystem
* Supply
This project should reach more than 20 billion dollars in my opinion 🚀 🧐 🧐
Do your analysis!!!
Great project, get ready for this opportunity!!!
I'm in what I think is a great opportunity for this bull market that we are in.
Consideration about#BB
* INNOVATION
* PROMISING
* Low capitalization
* Tokenomics
* Ecosystem
* Supply
This project should reach more than 20 billion dollars in my opinion 🚀 🧐 🧐
Do your analysis!!!
See original
Market sentiment!!!
#eth #ethereum $ETH
What next after Ether ETF approval?
Following the approval of ETH ETFs, Balchunas anticipates a similar scenario to what occurred with Bitcoin (BTC) ETFs. The analyst described it as a "carbon copy horse race" where the same issuers would launch on the same day.
Despite their potential similarities to BTC ETFs, Balchunas believes ETH ETFs may have less volume.
“I would expect a lot of similarities, except I would divide everything you've seen with Bitcoin by about 10. So you'll have maybe $1 billion or 2 in the first few weeks in total. I just don’t see those being that big.”
While the analyst doesn't think ETH ETFs will be as big as Bitcoin ETFs, Balchunas said traders could make interesting moves. “You could see people short the ETF and buy ETH because you can stake it.”
Meanwhile, Sigel, who works with one of the ETF issuers, said they will go out there and make a "very strong investment case" for Ethereum. The VanEck executive highlighted that they have been working with their team to find the ideal mix of Bitcoin and Ethereum and will release their analysis soon.
“Now that the US has approved it, I think other countries around the world, whether it's the UK, Singapore, Japan, or the Middle East like Dubai, will all be looking at, 'well, we need to have our own version of this ETF in sight. .'”
Can we have corrections in the market?
Yes we can more;
With falling interest rates coupled with this new S.E.C.
Soon we should go up a lot!!!
#eth #ethereum $ETH
What next after Ether ETF approval?
Following the approval of ETH ETFs, Balchunas anticipates a similar scenario to what occurred with Bitcoin (BTC) ETFs. The analyst described it as a "carbon copy horse race" where the same issuers would launch on the same day.
Despite their potential similarities to BTC ETFs, Balchunas believes ETH ETFs may have less volume.
“I would expect a lot of similarities, except I would divide everything you've seen with Bitcoin by about 10. So you'll have maybe $1 billion or 2 in the first few weeks in total. I just don’t see those being that big.”
While the analyst doesn't think ETH ETFs will be as big as Bitcoin ETFs, Balchunas said traders could make interesting moves. “You could see people short the ETF and buy ETH because you can stake it.”
Meanwhile, Sigel, who works with one of the ETF issuers, said they will go out there and make a "very strong investment case" for Ethereum. The VanEck executive highlighted that they have been working with their team to find the ideal mix of Bitcoin and Ethereum and will release their analysis soon.
“Now that the US has approved it, I think other countries around the world, whether it's the UK, Singapore, Japan, or the Middle East like Dubai, will all be looking at, 'well, we need to have our own version of this ETF in sight. .'”
Can we have corrections in the market?
Yes we can more;
With falling interest rates coupled with this new S.E.C.
Soon we should go up a lot!!!