Yes, I thought that yesterday's fall will be stronger. But everything turned out to be much better than I expected. Perhaps there will still be a fall when the Commission makes its decision
If the price goes up largely because of the potential ETF approval, then there won't be a serious correction until the SEC publicly announce that the status of the ETF will remain rejected -- we're around 10 days away from that moment. Again, assuming the ETF plays an important role, it will either shoot up close to $2000, or it will sink down a few hundred dollars. In case of the latter, the price will surely recover again. Every drop we see is just short term.