💵 An interesting week is ahead
Friends. Hello everyone. I hope you're doing well.
📑 Weekend went briskly, all days the market was growing as we expected with you. Monday starts with a small pullback. It will not be easy to guess the price behavior this week, but we know for sure that there are a lot of news events and volatility will be there.
• ETH ETF trading starts tomorrow.
• There is more and more noise around the election. Biden declined to run, but I think it's not over yet.
• Elon Musk put laser eyes on his Twitter avatar (which means he expects BTC to rise).
• Trump will speak at the Bitcoin conference on Saturday.
• More and more rumors of crypto massadoption by a possible future US government.
• Possible central bank endorsement of XRP (???)
There are realistically a lot of events. First and foremost, I wonder how the Ethereum ETF launch will work itself out.
There seems to be a chance that we could see the way it was on ETF-BTC again (offloading from Grayscale in the first few weeks). Strangely, the commission on their ETFs is once again many times higher than their competitors.
❕ But, let's not forget that it's RISK ON on the fund right now, and that could greatly increase flows into the ETF from investors. It's hard to guess. We wait 🔥
