Ethereum spot ETF has gone from being unpopular to being approved. Now it is only a matter of S-1 registration statement away from its official launch. This is a "good news" for Ethereum and even the crypto world. From the market point of view, we can use the approval of Bitcoin ETF as a basis for the next wave of market conditions. Therefore, for the market, as long as it falls back, we can build positions in batches. Another major positive factor worth looking forward to in the market is the Fed's interest rate cut. Although the specific time has not been determined, the expected positive factor will inevitably bring a certain amount of room for growth in the next stage of the crypto market.
