Tonight and tomorrow, everyone should pay attention to the market as it may experience strong fluctuations due to the ETH ETF news.

Personal view: Whether it gets approved tomorrow or not, I think there will be a short-term "sell the news" reaction, leading to a shakeout.

Because:

  • Strange behavior before the news, $ETH was topped up on exchanges after a 20% push (usually when following the news, today should see a continued rise, but the price remained steady).

  • Additionally, 1 billion was minted yesterday.

Contingency plan:

  • Observe $BTC around the 67/68 price range to see if there is support. If $BTC can hold this range and altcoins also recover, then we can disburse further capital.

By Lowk👽

#BinancePizzaVN #MemeWatch2024 #binance #btc #ETFEthereum