EthereumShort
Ethereum Spot ETF TOMORROW! Expect a HUGE Sell-Off!
The Ethereum Spot ETF launches tomorrow, July 23, 2024.
Over the 12 days following the Bitcoin Spot ETF launch on January 11th,
BTC retraced ~20%
If Ethereum follows this pattern, it should fall to ~$2,800 around August 4th.
We know that Grayscale holds ~9.87BETH and it plans on charging its customers 10x the management fee vs competitors.
I very much expect a big sell-off because of this, possibly greater than 20%
Over the 12 days following the Bitcoin Spot ETF launch on January 11th,
BTC retraced ~20%If Ethereum follows this pattern, it should fall to ~$2,800 around August 4th.
We know that Grayscale holds ~9.87B
ETH and it plans on charging its customers 10x the management fee vs competitors.I very much expect a big sell-off because of this, possibly greater than 20%
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.