After reviewing the recent market, BTC has rebounded 13,000 points from 53,500 to the present. It can be determined that this is the stage bottom. A few points that need to be paid attention to recently are
On January 19, there was news that Trump will announce a breakthrough at the (BTC 2024 Conference) held in Nashville, the date is July 25-July 27, and this date is worth paying attention to
It is very likely that BTC will be used as a strategic reserve asset of the United States, so it rebounded straight from 63,500 to 67,500. This needs to be noted. If the news is confirmed, the status of BTC will soar, because other countries will also take the position of Bitcoin.
2. Ethereum ETF will be launched on the 23rd and will officially start trading on Tuesday.
3. Grayscale launched a mini ETF. The price of the new mini ETF is 10/1 of the original Grayscale holding position. It is directly distributed in the form of airdrops. The main reason for the launch of the low-fee mini ETF is to reduce the customer churn rate of the original ETF and the subsequent empowerment. In simple terms, it is to make up for the selling pressure after the ETF is passed due to high management fees.
In summary, my personal opinion is: short-term disadvantages, long-term is the sea of stars.
After the ETF is passed, the selling pressure of ETH may not be very large, and it is unlikely to have a large-scale callback like BTC. Remember that the biggest benefit is not the funds after the ETF is passed, but the funds that flow into the currency circle later. This is the real benefit. Although Grayscale's ETHE handling fee is also very high this time, it is 10% of the mini ETF, which can reduce the selling pressure! However, it is not Grayscale that is selling, but users. The amount of retail investors is not large, and the selling pressure is not great. Grayscale itself almost does not hold ETH! #以太坊ETF批准预期 #美国大选如何影响加密产业? #特朗普