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Gate Square New & Returning Creator Rewards are ongoing!
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The ETF of Ethereum not only caused a big dump in ETH itself, but also dragged down the entire market! So Lao Li has repeatedly emphasized that any favorable information is often a trap. In Lao Li's opinion, only the news of a US interest rate cut is reliable, everything else is shit! These days, some speculators at the square are hyping up the ETF approval of Ethereum as Favourable Information, mindlessly bullish on ETH. They are leading themselves into the pit. These people seem to have forgotten the lesson of the big dump from the beginning of the year, when the heavyweight Favourable Information of the big coin ETF approval was followed by BTC's big dump from 48000+ to 38000+. Once again, respect the waves and stay away from the news!