ETH's ETF has been approved. As mentioned before, it fell first and then rose after the announcement📈📈
At present, Ethereum has not seen any increase, but has instead given a small correction trend. The decisive factor tonight lies in the trading volume after the ETF is approved. It is not that the ETF is approved, which is good news, because everyone's expectations for ETFs are generally high, so the market has also gone out of the upward trend according to everyone's expectations📈
If the ETF trading volume tonight is not ideal, then it will be a wave of bad news after all the good news is exhausted📉
On the contrary, if the trading volume is very high, then the good news will be realized, the FOMO sentiment of retail investors will increase wildly, and the market will usher in a big rise. So why did the market still have no big movement after the ETF was approved yesterday morning? The lesson of the last Bitcoin ETF, which plummeted 11,000 points in an instant, is still vivid, and the market is currently more cautious
