As long as some people see the news about eth etf and see the price of eth rising, they think that other events do not exist.
Do you still remember what happened on May 21?
Big news on eth etf was released that day. However, if you take a closer look, it turns out that it was hackers who stole gala's funds and transferred them to buy eth, which caused eth to rise sharply. Later, because of the simultaneous hype of ETF news, the market completely wiped out the hacker news and believed that the rise was driven by eth.
Think about it, many institutions, including Sister Mu, have withdrawn their eth etf applications, and etfs have no importance at all.
Now, if you go back to that day and remove the hack and it didn't happen, look at the chart!
Damn it, if there were no hackers buying eth that day and it was misunderstood to be the ETF market, wouldn’t eth die miserably now? It may have dropped below 2,000.
