Many people asked me why Bitcoin rose so sharply today. Is it a bullish turn?

I checked the reason for today's rise. During the day (I am currently traveling and playing outside during the day), I actually roughly know it. I just further confirmed that the reason for the rise is that many people in the market have been gambling on sec in the past two days. Will agree to convert grayscale gbtc into spot ETF, so it has risen a lot today. The final news may be announced as early as early this morning, and as late as next Tuesday.

Let me talk about my views on this matter, and I bet on postponement. To give you my simplest and most intuitive basis for judgment, just look at the stock price reaction of Coinbase. I just took a look. Although it has increased by two points, it is far from enough to reflect the adoption of the big spot ETF. The eyebrows are all in the world of Huajie, and their intelligence gathering ability is absolutely incomparable to others. If there is really any trouble, Coinbase's stock price will definitely reflect it in advance. We will never wait until the news comes out.

Why can you tell whether Sec will pass the big spot ETF by looking at Coinbase's stock price? It's very simple. Basically, all current spot ETF applications entrust Coinbase as the entrusting party. If it is true that spot ETFs will be adopted, it will be a major benefit for Coinbase. How could the stock price not respond?

Of course, the above is my personal rational analysis and judgment. I still failed the game sec. This is a high probability event. Of course, I will place an order in the direction of high probability.