I have more faith in this application rather than the winklevoss gemini related ETF.
Why? It seems the logic around here is, "They rejected one ETF, they've got to accept the next one!!!!1!1!"
That's not how it works.
Almost no one is active in this market aside from bots trying to outsmart each other, which indicates that bagholders are waiting for an increase, and those who were expecting an increase have bought themselves some coins already.
Ouch, I hope you're wrong. Because that means price is heading down. When everyone has bought and is waiting for price to rise, the opposite usually happens. Markets thrive on maximum pain!