Replying to Avatar tanel

not surprised here tbh, idk
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tanel 2y ago

after etf confirmation, the first thing i would do as a trader is swap btc to eth

especially as there will be the whole eth etf narrative etc

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no₿ody™ 🧱 2y ago

Interesting

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poe😱 2y ago

#m=image%2Fjpeg&dim=888x499&blurhash=iHNQMbo%7C9%5B610e%5B%5B9%5BABBOy%3F%2CtV%40%5Do%23mE%7CwJoLEe%25%24jGV%40S3oc-Br%3F%24*n58as%3Arrw%7B%2BwNHV%40n%2B-ACPsonPw%7B%23TI%3BniWCxZ&x=35504614f227cc09b29b71aae7053b57d8ff7144a70296a240ffba9ac8f9daa2

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burns 2y ago

Yeah, I’ve seen tons of shitcoiners saying the ETH ETF is imminent now that BTC is approved, as if it’s a guarantee 😂😂😂

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Eluc 2y ago

Then what? They will all sell at ETH ETF annoncement and then repeat with SOL or whatnot?

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tanel 2y ago

trickles down, as per usual, and then btc pairings will be overbought, and right back into btc it is, until btc is really overbought to usd, and then it is back to usd

and so the cycle goes for the traders

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burns 2y ago

Yes, but I doubt an ETH ETF is coming anytime soon, if at all.