The recent news of the SEC returning S-1 forms to Ethereum ETF issuers is having a significant impact on the crypto industry. This analysis explores the potential implications for the price of $ETH .
Understanding the ETF Process
For clarity, let's revisit the ETF approval process. The recently returned S-1 forms are the second step, following the approval of 19b-4 forms in May. The 19b-4 approval itself boosted the price of ETH by 30% to $3980.
The S-1 forms require minor revisions, which will likely involve further discussions between the SEC and ETF issuers. This will inevitably delay the launch of the ETH ETF to September or even later.
In Short: The launch of the ETH ETF is delayed, NOT rejected.
This is a standard part of the ETF approval process, and the ETF will eventually be launched.

Is ETH Still a Buy?
I get asked a lot about whether ETH remains a good investment these days.
My stance? I am bullish on ETH.
This is primarily because ETH is one of the few Profitable blockchain networks currently operating. In fact, it boasts the Highest Earnings in Q1 2024, surpassing even BTC and SOL. Here's a breakdown:
• ETH Q1 2024 Earnings: 369 Million
• BTC Q1 2024 Earnings: -$4450 Millions
• SOL Q1 2024 Earnings: -$843 Millions
(Data Source: Token Terminals)

My Trade Plan for ETH
Since I sold all my ETH during the May rise, I am currently holding none. Here's my plan for re-entry:
Spot Market:
1. Buy at Support: I will buy in portions at key support levels.
2. Breakout with High Volume: If the price breaks above 2nd Resistance with significant trading volume, I will invest the remaining portion.

Example (refer the Chart for Key Support & Resistance level):
• Buy 30% at the 1st Support level, another 30% at the 2nd Support, and a final 30% if the price dips back to the 2nd Support and forms a Double Bottom.
• Invest the remaining portion when the price breaks above 2nd Resistance with high volume.

Futures Market:
Due to the higher liquidation risk associated with falling prices and funding rates, I will only Enter my position, after a confirmed breakout above the 2nd Resistance with high volume.
Low leverage (2-3x) is employed here to Hold the position throughout the Bull Run.
Roll up Strategy using floating profits will also be used to increase Return on Investment (ROI).
Lastly, remember to use Stop Loss. It is mandatory for every single Futures Trade.

Conclusion:
This analysis discussed the recent ETH ETF news, my bullish outlook on ETH, and my personal trade plan. Let me know your thoughts in the comments below!
Follow me for more in-depth trade analyses.

Disclaimer: This is NOT a Financial Advice. DYOR.

#Eth #ETH🔥🔥🔥🔥 #EtheruemETF
#ETH_ETFs_Approval_Predictions

NOT 近期无疑是加密货币市场上炙手可热的项目之一。 然而，其价格在 6月初经历了令人瞩目的 580% 暴涨后，又迅速回落接近一半。技术面分析显示，涨势可能正在减弱，且出现了看跌的 “头肩顶” 形态，情况确实看起来不太好。
更不利的是，目前整个加密货币市场也正处于低迷状态。尤其是 比特币最近的下跌更可能会进一步压制 NOT 的价格走势。

NOT 的未来将走向何方？ 我觉得以下是可能出现的三种情况：
情况 1：绝地反击 (可能性较低)
•NOT 需要逆势而上，突破先前的历史高点甚至再次创下新高。
•但前提是市场情绪需要出现大幅好转，并且 NOT 本身也要展现强劲的利好消息和基本面支撑。
•值得一提的是，NOT 项目方在 6 月 25 日宣布了面向 NOT 社区的 25 亿美金空投计划，该消息可能会利好 NOT 价格。 然而，具体影响还有待观察。

情况 2：持续下跌
•NOT 可能延续当前的跌势，一路下跌。
•加密货币市场波动性很大，任何币种的价格都可能归零 (这么多年来，看过了太多了)。

情况 3：筑底反弹 (老哥我希望看到的)
•NOT 可能在当前的价格附近 (大约 0.0125 USDT) 筑低¬，或稍作盘整后开启反弹。
•橫向盘整通常意味着筹码的积累，之后可能出现一波新的上涨行情。

不管市场上出现以上的哪种情况，我的第一建议是耐心等待市场出现清晰的信号后再行交易。
你可以根据自身的风险承受程度选择合适的入场， 例如:
风险程度高 = 逢低买入； 但价格可能会继续下跌...
风险程度中等 = 价格在$0.0125筑低盘整后买入.
风险程度低 = 价格开始放量突破前高 ($0.0218) 或历史新高 ($0.029) 时买入.

加密货币市场充满变数，NOT 也一样。为了提高交易成功率，我们必须预先解读市场可能出现的情况，并且根据自身的风险程度 & 交易系统来交易.
做好功课才能保持长赢，才能在币圈实现财富自由🚀💰💵.

您如何看待 NOT 的未来？欢迎在评论区留下您的高见！

#NOT🔥🔥🔥 #Notcoin👀🔥 #Notcoinnews

NOT has been one of the hottest coins lately, but savvy crypto investors know appearances can be deceiving. Let's dive deeper into NOT's recent price action and analyze some potential scenarios.
From Zero to Hero (Almost):
NOT enjoyed a meteoric rise in early June, surging a staggering 580% in just nine days! This euphoria was short-lived, however, as the price plunged nearly 50% soon after. A lower high followed by a lower low suggests weakening momentum, and a bearish head and shoulders pattern adds to the concern.
The broader market isn't helping either. Bitcoin's recent slump has cast a shadow over the entire crypto space, creating a bearish sentiment that could put further pressure on NOT.

So, What's the Next Move? Buckle Up!
Predicting the future is a fool's errand, especially in the volatile world of crypto. Here are three possible scenarios for NOT:
• Scenario 1: Against All Odds: This is the least likely outcome. Defying the odds, NOT could break above its previous high and even reach its all-time high again. However, this would require a significant shift in market sentiment and a strong showing from NOT itself. Yet, this might still happened; especially NOT just announced a $2.5B airdrop for NOT community recently (25th June). Who's know.
• Scenario 2: Downward Spiral: This is a distinct possibility. The bearish trend could continue, pushing NOT further down. It's impossible to predict a bottom, and any coin, no matter how hot it once was, can theoretically fall to zero (to be frank).
• Scenario 3: Consolidation and Breakout: This is the scenario many bulls are hoping for. NOT could find support at its current level (around $0.0125) or dip slightly lower before consolidating. This sideways movement would signal a period of accumulation, potentially followed by another bullish run.

Hold or Fold? The Big Decision
While I'm a big believer in the potential of TON-Ecosytem, especially GameFI projects like NOT to drive Web3 Mass adoption, but that is not clear sign of where the price might go next now...
Here's my advice:
• Don't FOMO In: Don't let the fear of missing out (FOMO) cloud your judgment. Wait for a clear signal before entering a trade.
• Patience is Key: This applies to both scenarios. If you're bullish on NOT (just like Me), waiting for a confirmation of consolidation or a bullish breakout could be a wise move.
• Do Your Research: This analysis is just a starting point. Always conduct your own research before making any investment decisions.

The crypto market is a battlefield, and NOT is no exception. By carefully considering the different scenarios and remaining patient, you can increase your chances of success.
Now it's your turn. What do you think about NOT's future? Share your thoughts in the comments below!

#NOT🔥🔥🔥 #Notcoin👀🔥 #Notcoinnews