⏰ Tomorrow#EthereumETFwill officially be traded. Will there be SELL THE NEWS?
👉 Looking back to May 23, the#SECapproved the companies' 19b-4 filings. Previously,#ETHincreased from the price range of 2k8 to 3k8, then the news was approved and the price increased slightly and then there was an adjustment.
👉 Looking back at January 11, 2024, when the #BTC ETF was approved, there was also an adjustment of about 20%. After a previous period of strong increase.
📌 This time when #ETHETFs was traded, it was no longer as hot as #BTC  before and after the 19b-4 application was approved in May, everyone assumed that it would be traded sooner or later.
-Therefore, the expectation factor has been greatly reduced and there is no longer the element of surprise like before.
-Recently, the market has also had a correction, causing fear, depression and doubt everywhere and the market has only recently recovered slightly.
👉Therefore, fomo will not be as strong as before, plus the psychology of wanting to exit or optimize will also be present in some investors, so in my opinion, initially there may be a positive reaction and the price will increase slightly, then There will be SELL THE NEWS
-But because we just went through the adjustment, this time it won't be too harsh and everyone will be somewhat more used to it. Also, the cash flow into #ETHETFs will not be as strong as that of #BTCETF at the beginning.
-But in the long term, I still believe this season's#uptrendwill still be brilliant and appear when people lose faith and doubt about it.
👉 What do you think, have you prepared any plans yet? $BTC $ETH $BNB