I deliberately waited until after zero to see the changes in trading volume. The recent good news did not change the narrative of BTC and ETH. In the evening, the Ethereum futures ETF was also listed, and the results began to fall. The fact is that unless a spot ETF for ETH passes now, it won’t change the narrative.

After all, short-term liquidity cannot be solved through ETFs. What can really solve the problem of liquidity and market makers is to allow BTC and ETH to log on to Nasdaq. This problem has not been solved for one day, or the SEC and CFTC gave up. If you chase exchanges and market makers, the liquidity and depth will not come back in one day. What will come will be sudden rises and falls due to the shortage of liquidity.