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The logic of BTC ETF also applies to ETH ETF.
Sell the news and take-profit sell are likely to happen, but they will never be as long as the BTC ETF cycle. The volume is small, and the washout will be faster.
To this day, some people still focus on Ethereum's lack of ecology and innovation. Ethereum's big rise in March, the pullback in April and May, and the sudden pull on May 21st, from beginning to end, are all centered around the core story of ETF, and have little to do with whether there is an ecology or innovation. Looking at the price and premium rate of ETH together, it is very obvious.
Sell the news and take-profit sell are likely to happen, but they will never be as long as the BTC ETF cycle. The volume is small, and the washout will be faster.
To this day, some people still focus on Ethereum's lack of ecology and innovation. Ethereum's big rise in March, the pullback in April and May, and the sudden pull on May 21st, from beginning to end, are all centered around the core story of ETF, and have little to do with whether there is an ecology or innovation. Looking at the price and premium rate of ETH together, it is very obvious.
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