#DOTUSD LONG, entry 7.64 Daily timeframe, using volume prof | CRYPTO_PSYCO en Binance Square

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#DOTUSD LONG, entry 7.64Daily timeframe, using volume profile shows a drop to 7.6 is likely a 1.7 R:R trade seems reasonable
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📊𝕏ℝℙ 𝕊𝕖𝕥 𝕥𝕠 𝕆𝕧𝕖𝕣𝕥𝕒𝕜𝕖 𝔹ℕ𝔹, 𝔼𝕪𝕖𝕤 𝕠𝕟 𝟛𝟝% ℝ𝕒𝕝𝕝𝕪

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#ETHUSDT Ether ETF Rumored to Launch July 2. Here's What This Means for Traders📊 #CryptoPCEWatch #MicroStrategy 🌟Key points. •Ether #ETFs. could launch July 2. •ETH prices float near $3,500. •Will we see an Ether rally? 🎖️Second-largest coin is looking to land on Wall Street through eight exchange-traded funds, lowering the entry barrier to crypto investing. 🔹Ethereum (ETHUSD) exchange-traded funds (ETFs) - eight in total - are speculated to launch on July 2, following an approval by the Securities and Exchange Commission last month. The new investment vehicles will complement the already-listed Bitcoin exchange-traded funds, which enjoyed such big demand, they shot the price of the orange token to a record high of more than $73,000. Will we see a similar move in the price of Ethereum? 🔸Ether is the second-biggest cryptocurrency, trading in the range of $3,500 to $3,600 per coin. And despite being up nearly 50% on the year, the token is still ways away from its November 2021 record of just under $4,900. Some analysts are excited to think that the ETF launches could spur a rally in the price of Ether that would rival the one in Bitcoin earlier this year. That said, what's an Ether ETF? 🔹Ether ETFs, or ETH ETFs, will hold genuine Ethereum and allow ordinary people and professional money managers to invest in the coin, swelling its market cap in the process. Speculation aside, one thing is for certain - the ETH ETFs pending rollout will lower the market's entry barrier, potentially expanding crypto's footprint in the US as more people warm up to the digital asset class.

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