The current market sentiment has not been fully mobilized, and the market is moving up in a three-step upward trend.
It seems that before the US election, the G market will continue to climb, wait for the confirmation of the interest rate cut, and then go down again, and the presidential throne will be settled. The same is true in our circle
In addition, everyone is saying that the probability of ETF approval has increased from 25% to 75%. This news sounds very brainless, and I don’t know who released it. Not to mention that the probability of Ethereum ETF approval is very small, even if it is really approved, it is also competing with the big cake.
Discuss this logic:
The approval of BTCETF has indeed broadened the market, and some conservative people can enter through ETFs. However, assuming that ETH is also approved,
Some people will not go to ETH significantly because of this matter, and without the entry of a large amount of over-the-counter funds, there will naturally be no significant increase like in the previous few months.
At present, it seems that the big cake is weaker than the concubine, and it is much weaker than the concubine. As for the strong performance of the concubine, it is generally believed that the probability of ETF approval has increased to 75%, and the support of the good news has been reached. The news is what the dealer wants you to know, giving you a suitable and sufficient reason to explain the situation of pulling the market, which is actually to drive retail investors out of the car and let institutions enter the market. The concubine has at least one round of adjustment, pay attention to the position of 3260.
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