Many people have questions, why is ETH still so weak when the Ethereum ETF is about to be passed?

Chong Ge has mentioned it many times. Many people bet on this wave of positives, but some institutions have made contracts and hedges, and there are still many retail investors who are short-term. There is another wave of short-term profit-taking that needs to be exited! This is why Chong Ge told everyone in the live broadcast on July 11 that the short-term Ethereum bottom-fishing near 3100 saw the 3400--3600 range, which is the time for us to exit short-term! ! Chong Ge also mentioned in the live broadcast that if you lay out the Ethereum track, you must first lay out Ethereum, and then lay out the coins under your name!

Ethereum ecosystem:

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Re-stake REZ ETHFI bb

If the institution passes the ETF, it will bring a lot of funds to Ethereum, but at the same time there will be a lot of profit-taking fleeing, and CME has been arbitrage! Chongge has seen through the trend of BTC and ETH at the beginning of the month! ! The positive impact will cause a correction, and then pull back. Don't worry about the short-term trend. For the long-term trend, just follow Chongge's 4800! #以太坊ETF批准预期 #比特币大会