📊｜ETH surges 18% and breaks trend directly
📌Ethereum has experienced the biggest increase in 18 months, leading the digital currency market to rise, with prices rising to $3,637, an increase of 18%. At the same time, the price of Bitcoin once exceeded $70,000.
🔻This market uptrend occurred after ETF analyst Eric Balchunas and his colleague James Seyffart raised the probability of approval of the spot Ethereum ETF from 25% to 75%.
The U.S. Securities and Exchange Commission (SEC) also required a company applying to issue a spot Ethereum ETF to update its 19b-4 filing, which is the SEC approval document and S-1 registration statement that must be obtained before the product is launched.
📈And as mentioned in the previous article, Ethereum 3200 has strong resistance. Once it breaks through, it will be like a no-man's land. Now it has completely broken the previous overall downward trend and turned the direction upward again. In general, it is now gradually entering the door of the bull market,
