The upcoming Halving event in April and the anticipated approval of the spot ETH ETF in May indicate that this bull run will continue throughout this season.
IMHO, that ETH ETF spot is unlikely to get an approval. The BTC ETF spot have come long ago before it was approved. That's the reason for its approval that it's set a long time and changed a lot of policies time and time again for SEC to get satisfied with its rules and regulations. That's why with the ETH ETF spot, I haven't heard of it before but maybe there were applications that have been done before but I've never heard any of it. Also, don't forget the contribution of the BTC ETF spot for this current bull run, we're not even yet on the after-halving effect and yet, we're close to the former ATH.
Any predictions on whether a BTC price correction is on the horizon? How far do you think the price will go now that it has broken through resistance levels?
#tothemoon
It is to expected that corrections are coming and you have to remember that because before a pump that shall happen, there should be a capitalization through a dumped market. That's where it is getting fueled before it reaches the ceiling and for that, this is going to make it better if we see some corrections on the side and not pure pump. As usual, the whales have to take profit back and then on the market so as we.