According to the latest news, the news of the approval of Ethereum ETF may come out as early as around 4 o'clock tomorrow morning.
I personally expect that the probability of passing is still quite high.
Of course, many KOLs in the market are not optimistic about this approval, thinking that everything came too suddenly.
In fact, subjectively, I also think that it came too suddenly and the probability of passing is not high.
However, the financial market often does not have too much subjective consciousness, and it is more practical to pay more attention to the changes in the market!
What is the actual situation? Ethereum has been suppressed for a long time. In fact, this wave of rebound, my personal expectation is an oversold rebound. Even if there is no news stimulation, there will be a rebound, but it may not be so fast.
Many people say that if it does not pass, Ethereum will go to 3,000 or below. I donât think so. After all, the Ethereum ETF has begun to hype.
If it does not pass this time, BlackRock will most likely pass next time. So, we just need to make preparations.
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