If the believe in an ETF is there, it will boost through $8000 before the end of the month for sure. If the recent increase was just whale play, which is certainly possible, we will either fall back down or form a new longer term range between $7000-$8000. I think both scenarios are bullish enough to satisfy people for now. In the end everything is better than seeing the price fall under the $6000 level again.
but would etf already approve ...?
Only the SEC knows. Everything is set up the way it should be set up legally, and there practically is no reason to reject it other than them not willing to see Bitcoin grow further.