$ETH  I saw some friends fantasizing that the approval of Ethereum ETF will be a positive landing, which will start a new round of plunge.

From the recent data, Bitcoin ETF was approved on 1/10 this year. It did have a 20% correction half a month after it was approved. This is an objective fact. However, if we extend the timeline, Bitcoin has risen for a full month and a half since the correction ended, 91%.

First, ETF is a long-term positive, which is good for liquidity. This is a rare positive for the currency circle, especially the currency circle with low liquidity recently. Second, I don’t know if you have read the news. This time, the 19b-4 document will be approved, and the S-1/S-3 document may be postponed for three months for approval. In other words, even if one positive thing is implemented, there will be another positive thing that will be realized in three months (if it can be passed).

This is the best narrative for the currency market, which has no narrative recently. #ETHETFS #write2earn🌐💹