This week is quite significant for the market as the $ETH ETF might be announced. Whether it gets approved or not, or whether the market pumps or dumps, as a HOLDER, I’m indifferent and only focused on the distant future.
It’s almost certain that the $ETH ETF must be approved before the elections take place. Therefore, if there’s a delay this time, it won’t be for long, likely before September.
As for the market’s reaction, I don’t foresee a significant impact. The market has already priced in the developments a month ago, and we might see a consolidation for about two weeks before a strong pump.
The period from June to August holds a high potential for a robust market surge.
