Let's talk about Ethereum: $ETH Looking back at the Ethereum ETF since it was passed, it has continued to weaken, as if the good news was realized at the moment the news was released. Can I still get Ethereum?
Let's analyze it from the essence. BlackRock manages more than 10 trillion US dollars of funds. If ET cannot make money, it is impossible to do a loss-making business. Their income comes from attracting investors to buy and earning commissions and management fees. Therefore, the market will definitely continue to flow in funds. This is the essence. Good news is good news.
In addition, from the exchange rate pair, ETHBTC, the current exchange rate of Ethereum is very low and very weak. From the perspective of the banker, smashing the market and washing the market are enough. In the end, if you want to make money, you can only open this road. All the big players in the market are long. It just depends on when a consensus is formed.
Continue to be bullish on Ethereum in the medium and long term. Good news is good news. Victory will not be as easy to get as dandelions on the hillside. It belongs to those who are determined and patient.