In the current market, you'd rather go short (with stop-profit and stop-loss) than chase the rise with Fomo. No matter how high the market says the probability of ETH spot ETF passing is, first, it has not passed. Now it is because of the two consecutive months of sluggishness, and hype is needed to pull a wave of killing shorts;

Second, if it passes on the 23rd or 25th, then the current rise is a bit too much, and there is a risk of good news turning into bad news. After all, the Federal Reserve, the largest faucet in the global market, has not opened the gate to release water, and the landlord has no surplus food. The last time the Bitcoin spot ETF passed, it has consumed most of the surplus food of traditional old money. This time ETH may not have too much food to feed.

If it does not pass, then the market may fall back from where it rose.

Of course, in the long run, the approval of ETH spot ETF is definitely a big boon. After all, compared with BTC's dominance/loneliness, ETH's ecosystem is famously rich. Once approved, it may be "one person's success brings prosperity to all the family members", but this also depends on the cooperation of the overall environment. This overall environment is mainly the global major central banks represented by the Federal Reserve cutting interest rates and releasing liquidity. At present, the crypto market is ultimately a product of sufficient liquidity. $BTC $ETH