I have not seen so many news on one topic yet!

Yes, I'm talking about that very ETF. News about this event appears almost every minute. I just sat down to write this post now, and I have news in my notifications:

🔥 Inside: Axios: Trading of spot Bitcoin ETFs can begin as early as Thursday (January 11)!

At that time, the cue ball was already at $47k, where up to 50k is just served with one hand. Yes, everything is going to the point that with a 90% probability we will already see the first ETFs on the cue ball this week. Of course, this is a big event and a new chapter for the market.

What is the global plan?

In 2024, an influx of $50 to $100 billion into spot BTC ETFs is predicted. This is a lot of money, even for a cue ball, and nothing will prevent us from achieving a new ATH in the long run.

If you look at it in the short term?

I think until the adoption of the ETF, we will see an increase in the price of the cue ball (frontrunner). In fact, a final impulse may also follow, where the price may be driven to the maximum possible values, and there the smart money will be unloaded.

“buy the rumor, sell the fact”

In no case does this mean that they say you need to put an end to the growth of the cue ball. The only question is how long the unloading will last and how many "extra" passengers are currently on the market.

I think we will see the following picture:

The final strong impulse and upward movement, followed by a sharp decline, which will gradually go into proto-trading. At the same time, the ether and the entire alt-market will receive a lot of new liquidity, conversations about ETH ETFs will begin and the very overflow of liquidity will begin.

Globally, everything is great, locally — we should expect small manipulations and high volatility. Fixed it. #BTC #etf #Cryptoz $BTC