Rumors say that the ETH ETF got delayed, still no confirmation from official source. Till a decision is made you will see high volatility with candles and wicks in all directions so be careful when trading.
My thoughts on the market. The SEC call to exchanges to update 19B-4 fillings skyrocketed the probability of approval for ETH ETF. The market reacted right away with a pump.
Also, the 1B$minted at Tether Treasury looks pretty bullish, the BTC dominance breaked the uptrend in 4H both in momentum and price.
We'll see tomorrow if it was just a speculative move. If not, this will trigger an alt season with parabolic growth. But if the ETF will be rejected, brace yourselves for a drop down of up to 50% on ETH and alts.
I chose to stop my positions and wait for the move. 👀
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I think both crypto and stocks will reach incredible ATH in the following months. Of course there will be corrections on the way, but a lot of market signs tell me it's gonna be big growth. Follow me if you want access to my trading system.
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Hi, traders! The market is on an uptrend that will continue this year if no major international events will arise. Of course there will be price corrections and then the real traders will stand out.
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