Why did #BTC rise after the ETF was approved, and why did ETH rise:
- Because investment is speculation on expectations
After the Bitcoin spot ETF is accepted, things will stabilize, and the #Ethereum ETF will become the next important topic and the main thread of speculation expectations, so funds will flow to the expected hotspots, which is a foreseeable situation.
Currently, mainstream media believes that the Ethereum ETF competition has begun, and the SEC's review time is on May 23 this year.
- The rebound behind the FUD
In the past few months of discussing the Bitcoin ETF, no one paid attention to the upcoming speculation about Ethereum. In fact, due to the rise of $SOL some time ago, and the stagnation of the Ethereum series and L2, people were very bearish on Ethereum, and most voices in the market believed that Ethereum had no future.
On January 20, I published this article: "Everyone is clearing out #ETH and DeFi ecosystem tokens | Will Ethereum collapse, is there really still hope?" because I believe that Ethereum will definitely have its strong time, and all we have to do is wait patiently. https://t.co/poWTuz0Qxn
So when the market is full of FUD about Ethereum, I have repeatedly stated: The more bearish it is, the more you should buy Ethereum! Things will turn around when they reach an extreme, and when things are at their worst, they will get better. This is life, and it is also the basic logic of investment!
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