Criptograma
136 posts

Criptograma
@FlukeyStream
DAO Maker | CriptoMoedas | NFTs | IDOs | IGOs | Buscando a Liberdade Financeira 😎

















Will ETH crash for a "Sell on News" when the ETFs list on July 3rd?.... That happened to Bitcoin ETFs, they went down 22% and shocked most traders. So ETH is already kind of low for now, pulling back, pricing in the chances that Greyscale Ether Trust (ETHE) might dump a lot of ETH on the market... but the ETHE discount to actual ETH price over the last few weeks has only been 1-3%, which is a LOT Lower than the GBTC discount to BTC price in the weeks leading up to the BTC ETF listings... So I think chances are the action will surprise the market, and ETH can actually pop up, because there is too much negativity on ETH now. 3300-3600 is the range for now, but after ETH listing, I think ETH can test 3820s where the range high is.

Will ETH crash for a "Sell on News" when the ETFs list on July 3rd?.... That happened to Bitcoin ETFs, they went down 22% and shocked most traders. So ETH is already kind of low for now, pulling back, pricing in the chances that Greyscale Ether Trust (ETHE) might dump a lot of ETH on the market... but the ETHE discount to actual ETH price over the last few weeks has only been 1-3%, which is a LOT Lower than the GBTC discount to BTC price in the weeks leading up to the BTC ETF listings... So I think chances are the action will surprise the market, and ETH can actually pop up, because there is too much negativity on ETH now. 3300-3600 is the range for now, but after ETH listing, I think ETH can test 3820s where the range high is.











