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Kryptanium Capital: If the Ethereum ETF is approved, the best trading strategy is to buy SOL/ETH

Kryptanium Capital: If the Ethereum ETF is approved, the best trading strategy is to buy SOL/ETH

CointimeCointime2024/05/21 09:10
By:Cointime

Daniel Yan, co-founder of Kryptanium Capital, posted on social media that if the Ethereum ETF is approved within two days, the mainstream trading strategy is to buy ETH. This point cannot be refuted, but please note that ETH has almost risen 20% in the past 24 hours. In addition, Bitcoin fell 15% in the weeks following the ETF approval on January 10th. I believe that the best trading strategy is to buy SOL/ETH. The reasons are as follows: · SOL may be the next token after the approval of the ETH ETF; · Within a week of BTC's approval, ETH/BTC rose 12%, just as people expected the ETH ETF; · This strategy has low market participation and is not a popular trade.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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