3 Reasons Q3 Will Be Bullish For ETH:
1⃣ Huge ETF inflow
➬ In the past month, BlackRock has bought 480K ETH worth $1.17 billion.
➬ This is BlackRock's 2nd biggest monthly purchase ever, and they definitely know something.
2⃣ SEC staking approval
➬ Solana staking ETFs will be approved in July, and Ethereum will most likely be next.
➬ With a 4%-5% APY, Ethereum staking approval will unlock more institutional capital.
3⃣ Record short positions
➬ ETH short positions on CME have reached record levels.
➬ When ETH pumps, it'll force them to close their short positions.
➬ By doing this, ETH will go even higher and cause a massive short squeeze.