The US SEC has approved the Ethereum spot ETF.
Many people ask why the Ethereum market is still falling after the ETF was approved?
In fact, this is just like the previous big cake passing the ETF. When the expectations are exhausted, what is left is a chicken feather. The dealer will also take advantage of this wave of good news to complete the shipment.
In the early morning, Ethereum went through a wave of heaven and earth needles. It can be said that whether you are short or long, you may be involved.
So we are still bearish in the morning. After all, the structure of the market has changed after the needle was inserted last night.
From the 4-hour level, the K-line has been negative for 4 consecutive times, and it will still be adjusted downward in the short term. Last night, this wave of downward exploration broke directly. Although it was quickly recovered, it did not stand firm above. The short trend increased, so we continued to be bearish in the morning.
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Fill in the sol wallet address and receive an airdrop once a day.
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