Since Monday, ETH has risen by a spectacular 25%!
On Tuesday, we recovered a key zone: the $3730 level, where a great deal of liquidity was present.
We are now 1 day away from the potential approval of the Ethereum ETF (May 23, 2024).
It is therefore very difficult, if not impossible, to position oneself on the market, even if the direction seems to be taking shape.
So I'm going to remain a spectator on ETH while waiting for the results.
If the ETF is approved, I expect a correction over the next few days.
“Buy the rumour, sell the news”.
Feel free to subscribe and boost this post if you enjoyed my analysis, and tell me what you think!
Happy trading and a great week :)
On Tuesday, we recovered a key zone: the $3730 level, where a great deal of liquidity was present.
We are now 1 day away from the potential approval of the Ethereum ETF (May 23, 2024).
It is therefore very difficult, if not impossible, to position oneself on the market, even if the direction seems to be taking shape.
So I'm going to remain a spectator on ETH while waiting for the results.
If the ETF is approved, I expect a correction over the next few days.
“Buy the rumour, sell the news”.
Feel free to subscribe and boost this post if you enjoyed my analysis, and tell me what you think!
Happy trading and a great week :)