Yesterday, the Americans officially announced that Ethereum spot ETFs will start trading tonight.
After the news came out, the market fell again yesterday, which made retail investors think that the good news is bad news.
In addition, the recent transfer of Mentougou compensation has been going on, and the market has fallen every time the transfer is done, which makes people think that the compensation coins have been sold, which will trigger a sell-off.
So all kinds of signs have appeared, making retail investors not optimistic about the subsequent market, so there is a saying that the good news is bad news.
But whether the good news is a good thing or a bad thing after it is landed cannot be judged by the performance of the current market. If you are not optimistic just because the current market has a correction, then you have completely fallen into the trap of the main force.
Although many good events will be hyped in advance, and then the good news will start to fall after it is landed, trapping people,
But the good news of Ethereum ETF landing cannot be compared with ordinary fundamental good news.
After the Ethereum ETF is passed, it means that those institutions in the traditional field and those investors who were worried about illegality before dare to buy, because they can buy on the Nasdaq Stock Exchange.
This is a positive for funds. As long as someone in the stock market buys Ethereum ETFs, it means that the funds in the stock market have flowed into the cryptocurrency circle, which is diverting the entire cryptocurrency circle.
Every day, people continue to buy Ethereum ETFs, which means that funds from traditional fields enter the cryptocurrency circle every day. The funds in the cryptocurrency circle are increasing, so there will be enough liquidity to tell stories.
With more narratives, hot spots will explode, and there will be a money-making effect. When the money-making effect comes, there will be a steady stream of people entering the cryptocurrency circle, which will bring more funds.
Therefore, the landing of Bitcoin ETFs and Ethereum ETFs is a long-term positive, not a short-term positive. It is not the end of the matter after landing. On the contrary, landing is just the beginning.
A new story in the cryptocurrency circle is about to begin, and a new round of market conditions is getting closer and closer.
The trend has come. Whether you believe it or not, he will open a new chapter. Only by following the trend can you laugh to the end.
