#Opinion

🚀 Peter Brandt expects #Ethereum to reach $5,600 per coin after the launch of the #ETF

The bullish sentiment of the well-known trader is also supported by the statement from the head of the US Federal Reserve that the Fed will not wait for inflation to fall to 2% before starting to lower interest rates.

🥳 While we congratulate Vitalik on the anniversary, #CBOE has announced the listing of spot #ETH-#ETFs from Invesco, Fidelity, 21Shares, Franklin, and VanEck. The listing is scheduled for tomorrow, July 23.

🔷 Let's remember together in the comments the price of #Ethereum when you first heard about it and discuss what the price might become after the ETF launch.

#FactOfTheDay

⚡️ Trading of spot #Ethereum #ETF shares starts today at 3:30 PM (GMT+3)

Meanwhile, #Grayscale transferred 292,262 ETH (equivalent to $1 billion) to exchanges, and #BlackRock added 3,030 Ethereum coins to their balance for the ETH-ETF under the ticker #ETHA.

So, to the moon? Or towards a correction? 🚀

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#CryptoNews

#Opinion

🔷 Experts at #Santiment note an increase in the volume of mentions of keywords related to #ETH, #ETF, and #spot

The platform's analysts believe that despite a minor correction, the significant growth in these indicators could signal an imminent bullish impulse for #Ethereum.

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#Analytics #ETH

🔷 #Ethereum is in a consolidation zone, similar to other coins on the market. But for trading, consider #ETHUSDT.

⚙️ Setup:
A candle with a shadow (short-seller flush) — quick buyback (possible strong buyer) — triangle pattern with compression.

🕯 Trade:

1. Position entry from the lower part of the pattern (marked in orange), stop loss (SL) according to Risk Management (RM) — 0.5-1%. Take profit (TP) — level 3240-3260.

2. Pending order (follow-up order) in LONG at the 3200 level. SL — return below the 3193 level. TP — level 3240-3260.

this is not a trading recommendation

🔽 The market is in the red again — let’s figure out what happened

The first reason is the decline of the US stock market due to reports from tech companies that did not meet investors' expectations.

🔷 The second significant factor was the capital outflow from #Ethereum #ETF amounting to over $133 million.

🍰 And the cherry on top was the new payouts from #MtGox, transferring $2 billion in #BTC to exchanges.

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#CryptoNews

🔷 #Ethereum celebrates its birthday

Today, #ETH turns 9 years old. Vitalik has already congratulated his brainchild and team on Twitter, posting a photo from this memorable day.

Let's also congratulate Ethereum by sharing the funniest memes about it and Vitalik in the comments 🥳

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#CryptoNews