Friends, good morning. $BTC has currently retreated slightly within a descending triangle. Today, the US Securities and Exchange Commission (SEC) is set to make a decision on the $ETH spot ETF. The market is preparing for this decision.
I don’t see any strong pressure from the seller and so far everything is fine. Let me remind you that I have a long position on ether and if the spot ETF is rejected, I will immediately exit their positions, since ether will fly into the abyss, as will probably all alt.
The decision will be closer to evening, but we don’t have an exact time, so we can only wait. I will immediately inform you of the decision as soon as it comes out. Have a nice day everyone.
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