#ETH etf approvals
Well $ETH went a bit more below the lower bound of the range I estimated. Likely due to effects of correlated German + mt gox selling/fears + etf launch delay
Given that we sold off so much it’s possible we have an ETH relief rally into the ETF approval, but would expect upside to be capped at 3600 and above. The set up reminds me a lot of the merge. #dyor
