๐ต An interesting week is ahead
Friends. Hello everyone. I hope you're doing well.
๐ Weekend went briskly, all days the market was growing as we expected with you. Monday starts with a small pullback. It will not be easy to guess the price behavior this week, but we know for sure that there are a lot of news events and volatility will be there.
โข ETH ETF trading starts tomorrow.
โข There is more and more noise around the election. Biden declined to run, but I think it's not over yet.
โข Elon Musk put laser eyes on his Twitter avatar (which means he expects BTC to rise).
โข Trump will speak at the Bitcoin conference on Saturday.
โข More and more rumors of crypto massadoption by a possible future US government.
โข Possible central bank endorsement of XRP (???)
There are realistically a lot of events. First and foremost, I wonder how the Ethereum ETF launch will work itself out.
There seems to be a chance that we could see the way it was on ETF-BTC again (offloading from Grayscale in the first few weeks). Strangely, the commission on their ETFs is once again many times higher than their competitors.
โ But, let's not forget that it's RISK ON on the fund right now, and that could greatly increase flows into the ETF from investors. It's hard to guess. We wait ๐ฅ
