7.9 Lab Daily:

It is just a rebound at present, not a reversal, but there is a momentum of reversal. We will talk about other things after the daily line stabilizes.

1. VanEck, BlackRock and other companies submitted revised S-1 applications for spot Ethereum ETFs;

Ethereum ETF is only one step away from listing, and revised documents continue to emerge;

2. CryptoQuant analyst: The scale of long position liquidation this time is the largest in the past year;

3. The US House of Representatives may vote this week to decide whether to overturn Biden’s veto of the SAB 121 bill;

4. The whales on Bitfinex increased their long positions by 10,000 BTC during this round of Bitcoin’s correction;

5. Data: More than 1 million ETH are pledged to SSV Network;

6. Cboe BZX submitted applications for Solana ETFs from VanEck and 21Shares, and the approval prospects are affected by the US election;

7. @Matrixport_EN posted on Twitter that the SEC may approve spot ETH ETFs this week;