Let's talk about Ethereum briefly...
In the past, no one had any expectations for the US to pass an Ethereum ETF. The expectation was zero.
Since the expectation for the ETF is zero, the current price of Ethereum has already digested the negatives.
Let's talk about the panic caused by regulation. Has it not been regulated for a long time in the past? Or will it not face regulation in the future?
From decentralization, anarchism, to frequent regulation in recent years, you should know from my past articles that when Bitcoin was 40,000, I mentioned the normalization of regulation and many legal issues. But it did not affect my bullish mood at the time. I have long been accustomed to these news, and even wrote that it is a complicated and difficult process to solve these problems. Using the legal system of the third industrial revolution to launch a legal challenge to the product of the fourth industrial revolution is logically problematic. But it is undeniable that cryptocurrencies definitely need regulation, but before a clear regulatory framework comes out, all legal proceedings are the incompetence of the government.
We are still us, and there is no need to panic about the normalization of regulation.
Today, Brother Sun at @Justin Sun孙宇晨 also said that whether or not ETFs will be passed and regulation will be normalized, we have always been there.
As for whether it is a black swan, it has happened so many times, and you are not the only one who will die, so why are you afraid? Some people are panicking like rats all day long, which is totally unnecessary.
