The interest rate cut is inevitable, and short-term market fluctuations won't alter the trajectory!

As the weekly chart approaches closure, #Ethereum appears to be declining. However, a closer look reveals that short sellers are currently lacking significant momentum. For five consecutive weeks, Ethereum has maintained a positive trend with robust trading volumes, consolidating near its second long-term upward trend line. This resilience indicates strong bullish sentiment in the market.

Moreover, with the conclusion of the quarterly futures market and the imminent launch of Ethereum's ETF, market indicators remain robust. In my view, the upcoming period appears favorable for Ethereum to demonstrate its strength and potential.

#ETHETFsApproved #EthereumETFApprovalExpectations #altcoins #Write2Earn!