AreYouReady?
A new week, new opportunities, and damn... things are looking good. No doubt there are people who are now saying, “No, it doesn't look good at all. I want the price to go down", but then I would say... "Stop wishful thinking, because it almost never comes true. And on top of that, we have been at an absolute low point for long enough". Now I think By the way, it doesn't mean that we're going to fly from here in a straight line to a new All-Time High. No, you're crazy! That's never going to happen, but I'm slowly daring to hope that we've got the worst low point behind us. and that market sentiment is changing. In favor of the bulls. Will this remain the case? That is a big question, and for that I only have to think back to the big crash of 2020. Nothing that assures me that this will not continue can happen one day, so caution remains necessary now. And I certainly expect some major battles with the bears, because they will not give up easily.
Ethereum Spot ETF?
In any case, Bitcoin is doing its best, and at the time of writing this is above 36,500 USD. But what's even more exciting is the rally that Ethereum is experiencing. And yes, if you are somewhat informed, you will of course know what this rally is about. It is official. Blackrock has filed for an Ethereum Spot ETF. And while there are many obstacles to overcome for the Bitcoin ETF, experts say that there will be few or none for an Ethereum Spot ETF. It is said that no reason can be found for the SEC not to approve it. Hmmmm, my idea with SEC now is that they will always find something when it suits them, and they train the matter for such a long time that even the bull that has yet to start is long and gone. Well, we'll have to wait and see. In any case, Cryptoland revived today because of this news and the Ethereum enthusiasts in particular are celebrating, which I understand. With a price of more than 2000 USD per Ethereum, I would also celebrate if I had more than one in my wallet.
Enjoying HIVE!
What else is worth mentioning this week? Hmmm, maybe it's worth asking if you are also enjoying the HIVE prize at the moment? At the time of writing…0.37 USD. I personally am happy to see this. It makes it much more attractive for many people to write, causing HIVE to revive somewhat. Regardless of how we want to look at it, there are many people on HIVE who simply cannot put all the HIVE they earn, but have to live on it because the income in the country where they live is simply too poor to provide for a living. Even in developed countries, there are people who simply need to pay for living expenses. These people will probably never be able to buy HIVE, but they will certainly be grateful that the price now appears to be rebounding after a long downtrend. And well, if you are part of the lucky group that can and wants to buy HIVE, and only wants to see a lower price for that reason... then you have been stupid because HIVE has been low for long enough. It was time for a crypto revival.
Don't worry, as I said before, it will never be 100% smooth on the way to the top... so there will certainly still be opportunities. Although I must honestly say that I hope from the bottom of my heart that we will no longer see HIVE lower than about 30 cents. I don't have a crystal ball, so I really can't tell you that it will be like this. But I can have hope. And you know, I never give financial advice... but sitting around waiting for a big drop in price could end up being more expensive than you thought. DCA baby! And enjoy the ride, even if things go the other way. LOL
I don't really have much more news than this to report today. Now I can type a whole story with nothing in it, but that makes absolutely no sense!