So even though bitcoin ETF have been approved, it will not not just change the face of the market at once, but will take a gradual process for that to happen so let not be surprised to see bitcoin market behaviours being the opposite at the moment.
Totally agree with you. Market behavior and expression are reacting inversely to ETF adoption, which suggests a retail/news buying trend is occurring afterward. It's basically a normal sign and the range isn't high for short-term prices, but the bitcoin ETF is the key to the market's future. I'm guessing we could be down 40k-38k before going flat and up until before Chinese New Year. A possibility often becomes style as the previous history in January and February