Trade Analysis #28: Ethereum ETF is coming, when will I Buy $ETH ?

The news of Ethereum Spot ETF launching next Tuesday is flying all over the internet in recent days. Will the Ethereum Spot ETF trigger a bullish run for ETH?

I believe it will take time.

ETH is now facing rejection from the $3535 resistance level and is consolidating at $3517 - $3230. This is a normal retracement from the resistance level, and going into consolidation definitely helps ETH prepare for a later bullish run.

I personally will wait for a confirmed high-volume breakthrough of the $3535 resistance before buying and holding ETH until the end of this bull run.
During my holding period, I will also use ETH as margin to set up Grid Bots on ETH/BTC.

In conclusion, I believe the Ethereum ETF will have a bigger impact on the ETH price than the Bitcoin ETF did on the BTC price. This is because ETH does not have selling pressure from miners, and ETH's on-chain data and Total Value Locked (TVL) continue to outgrow those of BNB Chain and Solana Chain recently.

Trade Smarter! Peace Out ;)


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#ETH_ETF_Approval_23July #ETHETFsApproved #ETH🔥🔥🔥🔥 #ETHUSDT #EthereumPower

$ETH is up 2.22% in the last 24 hours, trading at $3,464.39.
The market cap is $527B. Will the bullish trend continue? #EthereumPower #CryptoDecision #cryptocurrency #InvestingSafety

💰Next week's spot Ethereum ETF launch will push the price of $ETH above $5,000 🔥🚨🚨

SEC Commissioner Hester Pierce announces a review on allowing Ethereum ETFs to stake ETH.

Ladies and gentlemen Fasten your seatbelt we are going to takeoff next week 🔥🔥🔥

🔥Spot Ethereum ETFs Could Launch Next Week, Minor Issues Remain

#EthereumETFApprovalExpectations has again formed a similar pattern before climbing to $4,000 and then $5000.

The price recently broke out of the downward resistance and tested it again.

So now the chance of another strong upside step to test the important resistance level of $3900-4000 is very soon.

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💼 Fill your bags now if you haven't already! It's not too late to join the party and ride the wave to profits. 💰
🙌 Thank me later. Don't miss out on this opportunity! 🌟

$ETH #ETHETFsapproval #EthereumPower #ETHUSDT #realmabbaskhan

Ethereum Braces For Spot ETF Boost As 40% of Supply Remains Locked

Approximately 40% of Ethereum supply is locked as the market anticipates the final approval for ETH spot-based exchange-traded funds (ETFs). A breakdown of this “locked supply” shows that over 33 million ETH is staked on the network, representing around 28% of Ethereum’s total supply, according to Dune Analytics data. Proof-of-stake networks like Ethereum require users to “lock up” their digital assets to support its security and operations, and in return, they earn rewards.

Additionally, 12% of the supply is locked in smart contracts and bridges, which are seeing high adoption lately. For example, A.J. Warner, Chief Strategy Officer at Offchain Labs, noted that ETH in the Arbitrum One bridge has consistently increased over the past three years.
Market observers believe this substantial ETH lockup and the impending ETF approval will boost ETH prices. Tom Dunleavy, Managing Partner at MV Capital, pointed out that the approval of spot Ether ETFs will significantly impact the market.

#CPI_BTC_Watch #Ethereum_ETFs_Expected_Date #BinanceTurns7 #ETH_ETFs_Approval_Predictions #EthereumPower

Breaking 🚨🚨🔥

VanEck Files Amended S-1 Registration Statement for Its Ethereum Spot ETF

according to the filing documents of the U.S. Securities and Exchange Commission (SEC),

VanEck has submitted its S-1 revised registration statement for Ethereum spot ETF, intending to rename "VanEck Ethereum Trust" to "VanEck Ethereum ETF".
✅@realmabbaskhan

This is the best opportunity to buy $ETH Now.🔥🔥
After the #EthereumETF the price will go up🚀.

✅NOTE: Follow For More... to get free VIP Signals , Chart Analysis 🚨, and update news.
So you will not miss any signals or opportunity.💰💰

🚀
💼 Fill your bags now if you haven't already! It's not too late to join the party and ride the wave to profits. 💰
🙌 Thank me later. Don't miss out on this opportunity! 🌟

#ETH_ETFs_Approval_Predictions #ETHETF #EthereumPower #realmabbaskhan

Golem Network announced they are initiating Ethereum staking tests with a portion of their reserves. This aims to achieve several goals:

🔹Boosting Golem ecosystem development
🔹Supporting Ethereum decentralization by reducing large staking entity dominance
🔹Enhancing Ethereum network resilience by promoting a more diverse and healthy ecosystem

#Golem #GolemNetwork $ETH #BinanceTurns7 #BinanceTournament #EthereumPower

ETH Price Jumps Marginally
As of writing, Ethereum’s price noted a 0.08% jump in the past 24 hours and is currently trading at $3,149.15. Intriguingly, the token’s considerable bearish movement today primarily aligns with the massive crypto market selloff.
Besides, broader charts illustrate that the token currently consolidates near the $3.1K mark, with the abovementioned accumulation hinting at a rising price action for the token ahead. This has further echoed a buzz among investors
#ETH💝USDT #EthereumPower #ETH分析

Ethereum currently finds itself in a weaker zone, and if it remains around $2906 in the upcoming trading session, we might witness a decline to the range of $2850-$2870.
A safer position for Ethereum would be within the range of $2935-$2945. If Ethereum manages to sustain this level with a 2-hour resistance period, it could experience temporary stability.
#M_Idrees #BinanceLaunchpool #EthereumPower #altcoins #EthereumDown

✌️✌️My Dear Friends Congratulations my Tip Hit ✌️✌️#BTC🌪️ #EthereumPower BULLISH

$ETH worked like a charm.. will look to short now. #EthereumPower $BNB $BTC #BTC #Cryptosignals #bitcoinhalving

🔥😲😲🔥2000 dollars to 6.65 million dollars!🔥😲🔥

When the #Ethereum price was $0.9, a wallet affiliated with the Ethereum Foundation transferred 2,000 ETH to another wallet on September 22, 2015.

This wallet woke up 9 years later and sent 2,000 $ETH ($6.65M) to another wallet 🚀
#EthereumPower

In the world of Ethereum, dips are just opportunities in disguise.

#ETH #BullorBear #EthereumPower

Really looking forwards to long some alts for the weekend. You know they say weekend pumps are scam pumps. Who care you printing 🤑🤑🤑💵💵🚀🚀🚀🎉🚬 $BTC $ETH $SOL #BinanceLaunchpool #BTC #bitcoin #EthereumPower

Ethereum prediction buy at 2800 #EthereumPower #EthereumUSA $ETH

$Solana co-founder disagrees with $Ethereum founder on the value of meme coins

$SOL Raj Gokal, recently defended meme coins in a twitter post, challenging criticisms from OGs in the crypto community.

$ETH Gokal took aim at Ethereum's Vitalik Buterin, sharing a low reputable photo of him, suggesting that even Ethereum had unconventional beginnings.

Gokal argues that dismissing meme coins as trivial overlooks their role in driving innovation within permissionless systems. He highlights the importance of adaptability in the rapidly evolving crypto landscape, implying that those resistant to change may face challenges in succeeding.

This underscores the ongoing rivalry between Ethereum and Solana.

#EthereumPower #Solana’