The short-term outlook doesn't look great at the moment. Yes, BTC dominance is decreasing, but so is the price, which doesn't allow altcoins to grow properly...
Perhaps ETH will be the next asset to be approved for an ETF in 2024.
Despite all the positive expectations regarding ETH-ETF, only ETH has started to rise, as it is now being discussed as the next spot ETF.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Ethereum. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
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