Many people think that the stock price will plummet after the ETF is approved and the good news comes out, or it will also plummet if the ETF is not approved.
In fact, I think if the ETF is approved, everyone knows that 50,000 yuan cannot be the ceiling, so who would sell it to give you a chance to get on board? You will definitely take it for dead.
At this time, the market should continue to rise. Even if there is a slight correction, many people will rush to buy in and push the price up. However, it is likely that the market will continue to rise without a correction.
But if the ETF is not approved, I think the market will plummet in a short period of time.
This is actually a gamble on whether the ETF will pass. If it passes, it will start at 100,000, but it will return to 35,000. The profit is so big that you have to take a gamble. Even if it fails this time, there will always be a time when it will pass.
As long as BTC does not blow up, ETFs will definitely have more gains in this wave. Of course, it is best to buy spot and follow the fluctuations.
