According to multiple institutions and SEC insiders, the Ethereum ETF will not be approved on May 23, and Sun Ge said it will not be approved in May. The current scenario is becoming more and more similar to the original Bitcoin ETF. Take advantage of the lowest exchange rate of Ethereum to Bitcoin on May 23 to absorb more chips. The longer the delay, the longer the hype time. The final approval deadline for the Ethereum ETF is August 7. Hong Kong has approved the Ethereum spot ETF. If the United States approves the Ethereum ETF in August, there will be a huge influx of funds. ETH is expected to usher in a violent rebound and return to above 4,000. Please cherish the 3,000 or so Ethereum. Once Ethereum stabilizes, the altcoin will usher in a comprehensive rebound.

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