$ETH 5.23 Ethereum market analysis
Trading Ethereum spot ETF requires two approvals:
A. 19b-4: can be regarded as an industry standard. (The probability of passing tomorrow is more than 80%)
B. S-1/S-3: similar to enterprise qualification approval. (Expected in August)
Today, around 2:00-4:00 p.m. on the 24th, the Ethereum spot ETF was announced, and it is necessary to guard against plug-ins. The general direction of Ethereum is also heading for a new high, and the evening news needs to guard against plug-ins. The position near 3530 is a good point for long orders.
#开单建议 Go long near 3530, and look forward to the previous high above 4098.