Overnight, Ethereum went completely crazy!
Many friends found themselves missing out before they even had time to react.
At this moment, the vast majority of my friends in my community are happy.
A week in advance, we kept reminding everyone that the Ethereum ETF would rise sharply on May 23 regardless of whether it was passed or not.
I’ve won a lot in the past two days by following the plan together!
What if there is no layout?
Whether to chase it or not, Ethereum’s trend is still very strong at the moment, and Bitcoin’s pullback does not affect everyone’s bullish sentiment.
There is no need to chase this position! The cost performance is not high
Those who missed the opportunity should stay calm, control their emotions, and wait for the news from the US SEC on May 23 to be fully implemented before making a decision.
Once the upward energy is almost consumed, there is a high probability that there will be a need for a pullback.
It will probably fall back to around 3600
Friends who are getting on the bus, keep your eyes on this position.
After the last Bitcoin ETF was passed, Bitcoin rose from 38,500 points to 73,700 points.
Bitcoin has doubled in value, and if Ethereum passes the ETF, I believe it won’t be much worse!
Today, the market's gaining list is mainly ENS of the Ethereum ecosystem. This is mainly because Vitalik Buterin is optimistic about it. The rise of ENS benefits from the prosperity of the entire ecosystem.
In the long run, it should not be difficult for this coin to increase its current price several times.
During this period, everyone should still focus on their main line, which is the Ethereum ecosystem. Whether it is the room for compensatory growth or the narrative of ETFs, it will bring continuous exposure to the entire sector.
The continuous money-making effect will definitely not be bad.
Meme coins have performed well in the past two days, and pepe has now reached a new high.
Next, other meme coins in this sector should also have room for catch-up growth.
If you have this direction, or want to make a short-term switch, you can pay attention to this sector, FLoKI, bome, wif, etc.
I don’t pay much attention to the memes on the chain, as it is mainly a one-wave trend and hard to grasp. I’d better focus on the Binance tokens!
On May 21, according to official news, DWF Labs announced that it had purchased 25 million GALA on the open market to show its support for the project.
DWF is going to make things happen again! In the short term, you can pay attention to gala
On May 21, according to sources, the U.S. Securities and Exchange Commission asked Nasdaq and the Chicago Board Options Exchange on Monday to quickly update and revise their spot Ethereum ETF listing application documents, which is usually a requirement before approval, suggesting that the agency may be ready to approve the applications of the two companies.
The SEC must decide by the end of this week whether to approve CBOE's VanEck and ARK Investments/21Shares ETF applications. The exchange needs the SEC's approval of its revised rules before it can list the products, while issuers still need the SEC to approve ETF registration statements before trading can begin.
Judging from the above news, the approval of Ethereum ETF is highly likely!
The main narrative for the next month may revolve around the Ethereum ecosystem or altcoins!
Everyone must not go astray on this point. Even if other sectors rise, it is difficult for them to surpass the Ethereum ecosystem.
Let’s share these today!