At $3870 Ethereum is forming a solid resistance. This level should hold strong for the next three sessions. If Ethereum maintains this position, we could see an increase of $25 to $30, potentially reaching $3910. However, if the price drops to $3855-$3850, the next breaking point will be $3800. After stabilizing at $3800, a recovery of $20 to $25 is likely.
#M_Idrees #EthereumPower #Altcoins" #BinanceLaunchpool #EthereumDown

$ETH still in consolidation.

Should breakout after another retest.

#EthereumPower #ETHETFsApproved #altcoins #ETH🔥🔥🔥🔥 #etherreum

$ETH reached $3900. But we will see a little down here to creat a breakout from rising wedge.

#ETH creates massive confidence in markete after its #ETFApproval2024 .

Just imagine the boom when #ETHETFs selling will start.🔥

Nobody can fade #EthereumPower now.
#ETHETFsApproved #ETH🔥🔥🔥🔥

$ETH is pumping well.✈️

First target is to get 5k blue area and then 7k.

Bulls are ready for to bang #ETH🔥🔥🔥🔥 lovers.

#EthereumPower #ETHETFsApproved #etherreum #ETHETFS

🚀 ♨️💲Big News in the Crypto World! 💲♨️🚀

💕BREAKING💕
Ethereum spot ETFs approved by SEC

The US Securities and Exchange Commission (SEC) has approved the launch of spot Ethereum ETFs for an accelerated rollout, according to Phoenix News. This move marks a significant step forward in the regulatory landscape for cryptocurrencies in the US. 🌐💼

🔍 Key Details

Approval
Spot Ethereum ETFs have been greenlit by the SEC.

Launch Process
ETFs face a weeks-long process of finalizing S-1 registration statements and establishing exchange agreements through multiple rounds of SEC communication.

Institutional Inflows
Experts predict $15 to $45 billion of institutional capital flowing into Ethereum within the first year. 📈💰

💡 What's Next?
-ETFs Issuers
Major players like Fidelity, Franklin Templeton, Ark, Invesco, Grayscale, Bitwise, and VanEck have updated their filings to confirm they will not stake ETH for yield.

- **Regulatory Shift:** This approval, along with the FIT21 crypto bill, signals a shift in the Biden Administration's stance on crypto, following a supportive pledge from former President Trump.

📅 **Recent Developments:**

- **Bloomberg Analysts:** Eric Balchunas and James Seyffart have increased the odds of a spot Ethereum ETF being approved this month from 25% to 75%.
- **Previous Milestones:** This approval comes just five months after the SEC approved 11 spot Bitcoin ETFs.

**Stay tuned for more updates as the Ethereum market continues to evolve!** 🌟🔗

#ETHETFS #CryptoWatchMay2024 #EthereumPower #ETFEthereum

🏆Top 3:
🥇$BTC
🥈$ETH
🥉$BNB

#EthereumPower #BTC☀️ #ETHETFS #2024Trends #EthereumETFApprovalExpectations 📈🚀🌕

⬆️Follow, Like and Share for more posts and updates✅

🏆Do you think 2024 will be the year where Ethereum ( $ETH ) will be the new Number 1?👀

#EthereumPower #BTC☀️ #ETHETFS #2024Trends #EthereumETFApprovalExpectations 📈$BTC ,$BNB 📈🚀🌕

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**ASCEND: THE NEW GIANT IN DeFi 🚀**

Ascend, a decentralized finance platform built on #Ethereum, is revolutionizing the DeFi landscape! Here's why it's capturing everyone's attention:

**Rapid User Growth**: With over 2 million monthly active users (MAUs), #Ascend is becoming a go-to platform for DeFi enthusiasts.

**Dominant Market Position**: Holding a commanding 35% market share, Ascend is quickly establishing itself as a key player in the $ETH ecosystem.

**Why does this matter? 🤔**

Ascend's rise signifies a growing confidence in decentralized finance, as users flock to platforms that offer robust security and seamless user experiences. Leveraging Ethereum's infrastructure, Ascend ensures high liquidity and trust in the ever-expanding DeFi world.

#MemeWatch2024 #altcoins
#Write2Earrn #EthereumPower #BinanceLaunchpool

$ETH

$ETH is about to touch 4k next week regarding ETH ETF news! 🚀🚀🚀 DYOR and buy $ETH before going above 4k

#airdropking #ETHETFS
#EthereumPower

But what's next after it? Read my next article...baking it right now 👉 ALTCOIN SEASON

🎉 Congratulations to all investors on updating the maximum historical profit!

During recent corrections in crypto robot was gradually gaining profit, so, unfortunately, it didn't reach the minimum drawdown level allowing to increase risk according to my capital management strategy. And yesterday, after huge movement in Ethereum, caused by #ETHETFS news, historical profit was significantly updated. It's a pity that this didn't happen at a new risk level, but it's great anyway!

💰 Current trading result is 125% of profit with 22% max drawdown within 88 days.

Binance, for some reason that I don't understand, does not show any trading history older than 90 days on monitoring (may be because there are practically no accounts that live for such a long time...), so I saved a screenshot for the memory.

After such a sharp market movement (and, accordingly, rapid increase in robot's profit) I expect, as it usually the case, consolidation, and, accordingly, a drawdown, which, hopefully, will allow to increase trading volume.

I'll be withdrawing all the profit above 5000 from my account so that relative risk for investors would remain at the bottom level defined by the risk-management policies (0.6 lots for every 1000 of balance).

#COPYTRADING #EthereumPower #ProfitUpdate #algotrading

🚀 Seize the Opportunity: Trade $BTC and $ETH Now! 🚀
The market is buzzing with anticipation as Bitcoin (BTC) and Ethereum (ETH) are poised for significant price increases. 📈 Both have shown remarkable resilience and potential for growth. Now is the perfect time to dive into trading these leading cryptocurrencies. Enhance your investment portfolio and capitalize on the upcoming bull market. Trade smart, trade now! 💼✨ #Cryptocurrency #Bitcoinblockchain #EthereumPower #cryptotradingpro #BullMarket2025

$ETH vs $BTC

ETH/BTC pair bouncing from the marked area as noted a few days back.

Be careful though as every single bounce retraced so far.
Still think ETH vs BTC goes lower this summer.

That's when we get our best buying opportunities.

For now enjoy this pump and remember to take some profits.

$OP #ETHETFS #buythedip #bitcoin #EthereumPower

Ethereum 📈 Just Nailed it💥
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Ask your Questions Regarding any Past Signals or any other Queries you have in your mind will clear and Guide You.👍

#ETHETFsApproved
#BTC
#altcoins
#BinanceLaunchpool
#EthereumPower

$ETH $BTC $BNB

ETHEREUM ETFS WHAT YOU SHOULD KNOW

Many analysts say that the U.S. Securities and Exchange Commission (SEC) will reject all existing applications for spot ETFs for the Ethereum cryptocurrency (ETH). Experts state that the chances of approval are no more than 10%. Many of the experts believe that these products will not enter the market until 2025, and it will happen only after the change of the current government and the leadership of the financial regulator in the United States.

The expert emphasized that the SEC can launch ETFs on ETH and other cryptocurrencies at any time. In his opinion, it does not depend on politics and changes in the country's leadership and regulator. He reminded that bitcoin ETFs have already been launched in the US, Hong Kong and many other countries.

"We can assume that the approval procedure for the next funds on other crypto-coins will be much easier and faster than before. There is already a realization that there are not many risks here, that institutional money has already entered the market, that BlackRock and many big banks support this initiative. There is definitely no denial of ETFs anymore".

The specialist emphasized that this instrument is also beneficial to banks. They are very keen to make money on commissions from transactions. Institutions are interested in people buying and selling digital currencies using their services. According to Mozhenkov, these reasons suggest that the launch of ETFs on ETH will happen already this year.

"Most likely, and in the future, the creation of ETFs will move smoothly. I do not foresee any shocks in this area. The process is proceeding methodically as more and more people introduce cryptocurrencies into their lives," the expert summarized.

As of May 20, 2024, the value of ETH is $3105. This figure has grown by 36.15% since the beginning of this year. The market capitalization of the asset reached $373.18 billion.

#ETHETFS #EthereumPower #BlackRock #MicroStrategy #write2earn

🚨Bloomberg ETF analistleri, Ethereum ETF onay ihtimalini %25’ten, %75'e çıkardılar.

Asıl boğa sezonu $ETH etf leri geldiğinde başlayacak umarım erken gelir 2025 den önce gelirse boğa sezonu bu yılın sonunda gelmiş hatta bitmiş olacak. Asıl yükseliş 2-3 ay sürüyor ardından yavaş yavaş satışlar başlıyor.

#altcoins #ETHETFS #buythedip #EthereumPower #MrSerhat

Why $ETH is Pumping 🔥 🔥 🔥 🚨🚨
you should know the main Reason 🤔

👉#Ethereum price is moving towards the ceiling of the channel. This is the third time that the price will try to break out of the bullish flag formed in the daily time frame.

💰Ethereum spikes 9% in 20 mins on ETF approval rumours.

#ETH value relative to Bitcoin ($BTC ) is currently declining, and the ongoing ETF approval process could significantly impact its future.

🚨Ethereum whales bought over 110,000 ETH in the last 24 hours worth $341 million!

If the buyers continue to act strongly, the price of Ethereum can easily reach the $4110 again

Follow For More...❤️ to get free VIP Signals, Chart Analysis 🔥 and fundamental Analysis.

thanks
#ETHETFS #ethupdates #EthereumPower

$ETH weekly!

If we see a bounce from this support then breakout from wedge will be bullish.

Another way the lower support level will produce an epic pump.

Thursday is also very important for #ETHETFS oval if approved then you will see 10000$ in no time.✈️

#EthereumPower #bitcoin #BinanceLaunchpool #altcoins

slowly and steadily is how you operate in the financial markets. no to haste and overnight results but steadily growing.
#altcoins #EthereumPower #FutureTarding #notcoin

#MarketSentimentToday

No ‘cop on the beat’: Why the SEC may deny new ether ETFs this month

The U.S. Securities and Exchange Commission is expected to make a key decision on approving ether exchange-traded funds next week.
But it will likely fail due to a lack of an over-arching regulatory framework for all cryptocurrencies, according to Ric Edelman, head of the Digital Assets Council of Financial Professionals.
“I think that there’s going to be another delay, which is frankly, not really bad news,” Edelman told us “ETF Edge” this week.

Edelman, an investor and personal finance author, thinks there needs to be an emphasis on regulations to protect people from crypto scams. He notes current laws are more than a half century old and are not built for digital technology.

“Without any cop on the beat, it’s forcing investors to go on their own outside of the investment advisory community because the community can’t help them because we don’t know what the rules are. And they’re ending up in scams and frauds,” he said. “The sad irony is that [SEC Chair Gary] Gensler is claiming to be wanting to protect the consumer. But his refusal to write regulation is actually harming the consumer rather than helping.”

Bitwise Asset Management’s Matt Hougan is also pushing for new rules.

“80-year-old securities laws don’t fit neatly into this world of digital assets, crypto and 21st century technology,” the firm’s chief investment officer said. “Ultimately, I think everyone wants the same thing. They wanted a safe, secure platform where investors are protected, and innovation is protected.”
Hougan notes Bitwise has its own application for a spot ethereum ETF and is hopeful about the future.

“We’ve entered the ETF era for crypto. We’ve seen the bitcoin ETFs come to market. We’ve seen the great things they’ve done for investors — lowering costs, improving regulation, improving sort of safety, security and peace of mind.,” Hougan said. “I think we will get there on ethereum as well.”

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$ETH #ETHETFS #ETHUSDT #CMEBitcoinSpotTrading #EthereumPower