The above shows what happened right after the ETH Spot ETF news was announced. We had insane volume and a spike in under an hour, with Ethereum finally bouncing on the Bitcoin pair. It is naturally dropping now as traders absorb the news, but I think that we are finally seeing the reversal that I have been anticipating for so long.
scott.melker@texaswestcapital.com
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scott.melker@texaswestcapital.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.