ETH ETFs approved = sell the news
Guys I know what you're thinking which is probably "yeeeeah, ETH ETFs are finally approved, ETH to the moon" but as I said back when BTC ETFs got approved, this won't be the case, at least not right away!
I expect a "sell the news" event because this is just another news after all!
As you can see here (circled drop), the days who followed BTC approval price dropped around 17%, probably in this case it could be more.
I suggest not to touch ETH now until the euphoric moment disappears and we see where we are headed.
Good luck
I expect a "sell the news" event because this is just another news after all!
As you can see here (circled drop), the days who followed BTC approval price dropped around 17%, probably in this case it could be more.
I suggest not to touch ETH now until the euphoric moment disappears and we see where we are headed.
Good luck
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.