As the Ethereum ETF is about to be officially launched, let me briefly talk about my personal views on the trend of Ethereum!

According to Bloomberg and sources, the Ethereum ETF will be launched as early as July 2 to July 4, that is, before the US National Day (July 4). In other words, according to the predicted time, it will be less than a week away from the launch time. There is no official news about the launch time, but according to the recent statement of the SEC Chairman (Ethereum ETF passed the process smoothly), the official launch time of the Ethereum ETF should not be long!

You may ask, why is the Ethereum ETF so weak when it is about to be launched?

In fact, from the panic caused by the Mentougou compensation in the past two days, it can be seen that Ethereum's ability to resist falling is completely greater than Bitcoin. The lowest price of Bitcoin's plug-in this time is about 58, while the lowest price of Ethereum's plug-in is about 32. The last time Bitcoin fell to about 58, the price of Ethereum was about 28, and the price difference was more than ten points. It can be seen that this time Ethereum can resist falling completely thanks to the upcoming passage of the ETF. Otherwise, according to the previous urine, Ethereum will inevitably fall below the previous low. So from here we can see that if there is no major event, it is difficult for the price of Ethereum to effectively fall below 3,000!

Before the first meeting of the Ethereum ETF, Ethereum rose 25% in a single day, so I think this time it will also follow the glory of the last time and directly touch the 4,000 position. In fact, everyone has been waiting for the plunge after the Ethereum ETF is passed, just like the Bitcoin ETF after it is passed, but I don’t think so. I think there will be a normal callback after the rise, not a plunge. The callback range should be within 15% of the highest point, unless there is a major event (because this is unpredictable).

I personally fully believe that after the ETF is launched, Ethereum will reach 4,000, and the price of Ethereum will reach 5,000 this year! These are just personal opinions, not investment advice!

Everyone is welcome to express their own opinions!