I still believe that mainstream tokens that have passed the ETF will experience a wave of market movement, and this view will not change. Previously, after the BTC ETF was approved, it fell from 74,000 to 49,000, and after the ETH ETF was approved, it fell from 4,200 to 1,300. In the end, the prices still rose. Currently, #HBAR #XRP #SOL #DOGE #LTC 都通过了 #ETF, many people say it's useless, and that it won't rise even after approval. When the BTC and ETH ETFs were approved, many people said the same thing, and in the end, they were all proven wrong.

From a market operation perspective, the current market sentiment is completely bearish towards altcoins. Many people have either cut their losses and left or are stuck in worthless altcoins. Many retail investors are not buying mainstream tokens; small-cap retail investors generally buy small-cap altcoins or MEME coins in hopes of making a big profit, while large-cap retail investors typically only embrace top assets like #BTC #ETH #BNB. The mainstream tokens in the middle are not favored by small-cap retail investors, and large-cap retail investors look down on them, so the trading volume is relatively low. So how would you, as a market maker, operate? Wait for the shakeout to be complete, then pump these mainstream tokens that have passed the ETF, promoting that these mainstream tokens that have passed the ETF are the valuable coins. Many retail investors will fall for it and buy in, and these mainstream tokens have relatively large market capitalization and good liquidity, allowing for the entry and exit of large funds.

Of course, many people will say I'm daydreaming. In April this year, I was bullish on ETH and was scolded by people until July. Finally, when ETH broke through 3000, those scoldings disappeared. So this time I am bullish on mainstream tokens, and many people will scold me again, but it doesn't matter; I'll leave it to time to tell.