Some people are optimistic that the 7.23ETH ETF will bring a big market. I don't think so, the time is not right. BTC has risen from 30,000 last year to 73,800 in mid-March this year, mainly due to BTC ETF.

Before BTC ETF was officially approved in mid-January, the positive expectations rose by 18,000 points. After the approval in mid-January, it fell first and then rose, falling by 7,000 points first, and then rose by 20,000 points in February and March. It is equivalent to a 100% drop after approval and then a 300% increase. ETH ETF can refer to the trend characteristics of BTC. After approval, it must first smash the market, otherwise the banker will make a dime? It is not a philanthropist. Moreover, the BTC market has been rising for half a month, and it will continue to rise? Is it possible? There are ups and downs, which is a healthy market!

It has to be said that the expectation of ETH ETF's rise is really flat and lagging. BTC has broken the highest point of the last bull market, while ETH has not only failed to break through, but has been falling for a month since mid-March. BlackRock's funds are not unlimited. If the main force engages in BTC, it will be biased towards ETH. When funds move to ETH, BTC will fall, and when BTC falls, ETH will fall synchronously. The most important thing at present is that there is no fresh blood entering the market. It is necessary to implement a loose monetary policy and a large amount of funds entering the market to enhance capital liquidity. Only when the tide rises can there be a big market. At the same time, ETH cannot be compared with BTC. After all, BTC is the big market in the currency market. #WazirX黑客事件 #币安HODLer空投BANANA #比特币大会