Rumor has it that ETH ETF trading will start tomorrow
If memory serves, with the start of BTC ETF trading, the price of Bitcoin 💰 rose briefly, and then a 2-week correction followed... And then there was a without correcting rise #BTCUSDT price from $40 to 70k
We model approximately the same scenario on the ETHUSDT chart As long as the ETH price is above $3000-3200, it is a strong asset.
P.S: Exactly three years ago, on July 20-21, 2021, there was the final bottom of the “painfully” correction, and then was another six-month bull run in the crypto market. Conspiracy theorists and reptilians love these dates and numbers ;)
Note
and now the SEC has officially given the go-ahead for ETH ETF trading. Starting today, in 7 hours
Note
The first day of Eth Etf trading has passed - the volume is $1 billion (on the first day of BTC ETF trading, the volume was around $4 billion) GrayScale put almost 5% of its ETH on the market yesterday and it is mainly BlackRock that is buying up
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