image using ai.
Now when the ether ETF is approved we can expect a summer rally very soon. It's a big victory like SEC said ETH is a security and than approved etf that makes it a commodity.
Where is the ether ETFs approval pump?
Most of people are saying where is the pump, we can't find any yet. It's not even a sell the news event so far like when bitcoin ETFs were approved
Bitcoin took a massive correction from $47-48k to $37k and that time people were literally calling for more lower price and BTC ETFs a complete failure.
Soon the ether ETFs will be tradeable and volume will increase.
Surprising thing is how come SEC approved Ether ETFs like that? There's rumors that it was political pressure.
Trump is making a lot of pro crypto promises and I believe this was answer from Biden that he's not anti-crypto anymore or like another way to convince crypto army to just vote me again.
Or it's just BlackRock and these bankers who convinced SEC somehow like did before.
Let may come to an end, we've got so many good news in may and now next month could be when market will trend higher again.
Ether ETFs: Real World Assets in Crypto Will Grow 100x
Don't forget, BlackRock is already investing in RWA (real world assets) sector in crypto and they're funding it in Ethereum.
Now when ether ETFs are approved it benefits RWA big time which is so undervalued at the moment.
It is still sitting at $12b market cap while Ai is 2x higher.
The biggest leader of RWA sector is ONDO that is showing strength and made a new all time high after the approval of ETFs.
Altcoins season come after Ethereum
Once Ethereum starts outperforming bitcoin in a bull market that's the time to scale into altcoins and hold the bags at all cost.
Once Ethereum takes off, other major cap coins like: LTC, BCH will follow.
After that money flows into altcoins with good tech and narrative.
For now it's ETH season
Like bitcoin beta made huge gains back then. now it's Ethereum time to do better. Market prices is intentionally ranging in same range or going down to make people sell and accumulate as much as possible.
I've made a watchlist of ETH beta's from memes to L2 and other coins related to ETH that are mentioned below.
So, first big mover is $PEPE which will flip shib.. ethfi is lowcap, new coin in the market This is making moves.
ARB, OP are still lagging behind but LDO is catching up which is one of most hated coin.
Another Eth beta is ens that is making good move like up from $15 and it is worth to keep an eye on it too.
Wrapping Up...
In the end Ethereum still needs to make new all time highs not seen since 2021 and it will happen in coming weeks.
People are going to call Eth ETFs failed like they did at the time of BTC ETFs on first week but it is clear as crystals that new all time high is coming.
There's no point of making short term trade or selling in losses.. I'd rather stick with it and keep my spot holdings strong but I'm curious how are you planning this remaining bull run? Feel free to share your thoughts in the comments.
