Ethereum price is rising prior to ETF approval

Hi everyone,

In last 2 days ETH price increased on over 20% and there is a good chance that this rise will continue.

Ethereum price is rising amid rumors about possible ETH ETF which might be approved by the end of this month.

I just opened ETH UP position at 3750 price with 5x leverage on Fybit trading platform.

Target for this trade is previous local high at 4100, Stop loss at 3600

This is a risky trade due to rapid rise and possible correction but potential reward worth it.

Please, do not forget to boost this idea & share it with your friends; thanks.

Comment:

ETH price consolidate within price range that I drew in this idea.
I expect continuation of price rise in the next few days.

Trade active

Comment:

ETH ETF has been approved and it will be bullish in coming months.
Unfortunately, I got stop loss but I remain bullish and will re-open long position.

Trade closed: stop reached