ETH rebounded strongly after the Ethereum Spot ETF approval rate increased, followed by the approval of the 19b-4 application. Currently ETH is fluctuating in the price range of $3730-3800.

During this period, segments are being pushed one after another such as Memecoin, Gamefi, and Retaking.

As for Layer2, it is still at a standstill, and may still have to wait for S-1 news from the SEC. However, it is also an opportunity for you to have more time to collect goods. When there is news that the SEC will approve the S-1 application, fomo will not be able to make it in time.

The problem now is probably just time. The sooner the SEC approves, the ETF will be traded sooner, shortening the time to shore. If the SEC approves for a long time, we will only swing at the top of Layer2 longer.