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According to PANews, Grayscale, a cryptocurrency asset management company, has submitted a notice to the U.S. Securities and Exchange Commission (SEC) on May 7th to withdraw its Ethereum (ETH) futures ETF application. The SEC was originally scheduled to make a final decision on Grayscale's Ethereum futures ETF on May 30th. Grayscale initially submitted the 19b-4 application for the Ethereum futures ETF on September 19, 2023. If approved, the ETF would have been listed on the New York Stock Exchange.

📊 $ETH Ethereum (ETH): Price Movement Today / Short-Term Outlook
📌 Current Situation
ETH is consolidating around key support near $3,000–$3,050, which is crucial for short-term bounce or breakdown.
Price is trading in a range between support at ~$3,000 and potential upside targets at $3,500–$3,600 if buyers step in strongly. �
Brave New Coin
🟢 Bullish Scenario
If ETH holds support and buyers stay active:
Short-term resistance zones to watch:
$3,170
$3,236
$3,292
A breakout above these could lead to a move toward $3,500+. �
CoinCheckup
Sustained upside momentum may push toward $3,550–$3,650 in the near term as traders regain confidence. �
Brave New Coin
🔴 Bearish Scenario
If ETH fails to hold $3,000 support:
Price could dip to lower support zones around $2,900–$2,800 or even test deeper levels before buyers step in again. �
Brave New Coin
In corrective moves, selling pressure can accelerate if broader crypto market (like Bitcoin) weakens.
🪙 Key Levels to Watch
Support Levels
Major: ~$3,048
Secondary: ~$2,992
Strong Support: ~$2,926
👉 These are important zones where price often reacts. �
CoinCheckup
Resistance Levels
First resistance: ~$3,170
Next: ~$3,236
Major resistance: ~$3,292
👉 Break above these could signal more bullish momentum. �
CoinCheckup
🧠 Short-Term Prediction / Trend
Neutral-Bullish if above $3,000
Stay above $3,000 → buyers have edge
Break resistance → target $3,300–$3,600
Drop below support → target lower zone before rebound
(Not financial advice)
📉 Simple ETH Chart Example
(Illustrative & approximate, not real live data)
Copy code

Price (USD)
3800| Resistance Range
3700| ________
3600| ___/
3500| ___/
3400| __/
3300| __/ ⚠️ Watch breakout above
3200| _/
3100| _/ ★ Current local trend
3000| __/ Support Zone
2900|_/
2800| Further Support
--------------------------------- Time (Intraday)
🧠 Quick Summary
📌 Bullish if ETH stays above ~3,000 and breaks above ~3,300–3,350
📌 Bearish pressure if price breaks below ~2,900–2,800 support
📌 Volume and Bitcoin direction often influence ETH moves. #ETHETFsApproved #StrategyBTCPurchase #ETHETFS

Liquidity is one of the most important concepts in the crypto market, yet many beginners overlook it.
In simple terms, liquidity means how easily an asset can be bought or sold without causing a big change in its price. A market with high liquidity usually has many buyers and sellers, which helps ensure smoother and faster trades.
In crypto trading, high liquidity offers several benefits:
Lower price slippage during tradesFaster order executionMore stable prices, especially during market volatility
Major cryptocurrencies like Bitcoin $BTC #and Ethereum #$ETH generally have higher liquidity compared to newly launched or low-cap tokens. That’s why traders often feel safer trading in high-liquidity markets.
On the other hand, low liquidity can increase risk. Prices may fluctuate sharply, and even small trades can impact the market significantly.
Understanding liquidity helps traders make more informed decisions and manage risk better. Whether you are a beginner or an experienced trader, paying attention to liquidity is a smart habit in the crypto space.
Always remember: knowledge and research are key before making any trading decision.
#USNonFarmPayrollReport #BTC #ETHETFS

🚀 🚀 🚀 🚀 🚀
CZ's terse "super cycle incoming" is a macro thesis, not just hype. A super cycle means fundamental, irreversible change—like the internet boom—driving crypto’s multi-year revaluation.

Why Now? Forces are aligning:

1. Institutional Flood: Spot ETFs opened the gates for permanent TradFi capital.
2. Macro Hedge: Currency devaluation fears boost #BTC Bitcoin’s hard-cap appeal.
3. Real Utility: Scalability (Layer-2s) and tokenized real-world assets (RWAs) shift crypto from speculation to infrastructure.

Your Binance Move:

· Think Protocols: Allocate to fundamentals—Layer-2s, DeFi giants, RWA projects—not just memes.
· DCA Strategically: Use Binance Earn or Spot bots to build positions steadily.
· Maximize Security: Enable whitelisting, Binance Authenticator, and Anti-Phishing codes.

The super cycle will reward the prepared. Use Binance’s tools to build a resilient portfolio ready for the next era.

---#BTC走势分析 #ETHETFS #bnb

Disclaimer: This is not financial advice. Always conduct your own research (DYOR). Crypto investments are high risk.

Solana ETF Sets Record! Inflow Surpasses USD 22 Million in One Week
📈 Bitwise Solana Spot ETF (BSOL) has just broken records with the highest weekly net inflow, reaching USD 22.22 million according to SoSoValue data. Not to be left behind, Fidelity SOL ETF (FSOL) also experienced a surge of optimism, with an additional USD 11 million in inflows during the same period.
With continuously growing performance, the total net assets of all Solana spot ETFs have reached USD 1.09 billion—equivalent to 1.43% of the overall Bitcoin ETF market value. Since launch, the total accumulated funds flowing into Solana ETFs have reached USD 817 million, reflecting investors' increasing confidence in crypto assets beyond Bitcoin.

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