Spot Ethereum ETF Approval 'Not Even Remotely Priced In,' Warns Trader Who Sees 'Ethereum Overperforming From US Elections Onwards'
Spot Ethereum ETF Approval 'Not Even Remotely Priced In,' Warns Trader Who Sees 'Ethereum Overperforming From US Elections Onwards'
Economist and crypto trader Alex Krüger recently shared his base case scenario for the crypto market, offering incisive predictions about Bitcoin (CRYPTO: BTC) and Ethereum's (CRYPTO: ETH) future price trajectories.
經濟學家兼加密貨幣交易員亞歷克斯·克魯格最近分享了他對加密市場的基本情景，對比特幣（加密貨幣：BTC）和以太坊（加密貨幣：ETH）的未來價格軌跡進行了敏銳的預測。
What Happened: Krüger's base case scenario is "Bitcoin much higher into year-end, with Ethereum underperforming due to a possible ETF rejection. He also predicts that the forthcoming U.S. elections could change the landscape dramatically and a change in regulatory leadership, potentially leading to Gary Gensler's removal, would pave the way for an Ethereum ETF approval in 2025. "Ethereum overperforming from the U.S. elections onwards," he suggests.
發生了什麼：克魯格的基本情景是 “比特幣到年底要高得多，由於ETF可能被拒絕，以太坊表現不佳。他還預測，即將到來的美國大選可能會極大地改變格局，監管領導層的變動（可能導致加里·根斯勒的下臺）將爲2025年以太坊ETF的批准鋪平道路。他建議：“從美國大選開始，以太坊表現不俗。”
My base case scenario has been
— Alex Krüger (@krugermacro) May 21, 2024
– Bitcoin much higher into year end
– Ethereum underperforming due to an ETF rejection
– Ethereum overperformimg from the US elections onwards, as elections would lead to a Gensler removal and subsequent ETF approval in 2025
An ETH ETF approval... pic.twitter.com/8rEAeYHMbK
我的基本案例是
— 亞歷克斯·克魯格 (@krugermacro) 2024 年 5 月 21 日
— 比特幣到年底要高得多
— 由於ETF被拒絕，以太坊表現不佳
— 自美國大選以來，以太坊表現跑贏大盤，因爲選舉將導致 Gensler 下架並隨後在 2025 年批准 ETF
以太坊 ETF 的批准... pic.twitter.com/8reaeyhmbk
Yet, should an Ethereum ETF approval come as early as this week, Krüger argues that it would accelerate everything significantly. Commenting on the immediate reaction of Ethereum, he states "Today's move was just the market repositioning and shorts closing."
但是，如果以太坊ETF最早在本週獲得批准，克魯格認爲，這將大大加速一切的發展。他在評論以太坊的即時反應時指出：“今天的舉動只是市場重新定位和空頭收盤。”
An unexpected ETF approval could unleash substantial inflows, driving Ethereum to new all-time highs. "Do not fade an approval. It is not even remotely priced in," Krüger warns. However, ETH/BTC continues to remain in red year-to-date, presenting an opportunity for considerable upward momentum.
ETF的意外批准可能會釋放大量資金流入，推動以太坊創下歷史新高。“不要淡化認可。它的定價甚至不算遙遠，” 克魯格警告說。但是，今年迄今爲止，ETH/BTC仍處於虧損狀態，這爲獲得可觀的上漲勢頭提供了機會。
Also Read: Ethereum Prints 'Banana Zone Candle' With Largest One-Day Market Cap Gain At $71B Following Potential ETF Approval
另請閱讀：在ETF獲得潛在批准後，以太坊打印 “香蕉地帶蠟燭”，單日市值漲幅最大，爲71億美元
Why It Matters: The potential for an ETF rejection is not dismissed lightly. Krüger acknowledges the significant downside risk, stating, "If the ETF gets rejected, we are in for a world of pain." Therefore, he advises traders to stay vigilant and keep alerts active during U.S. trading hours until the decision on May 23.
爲何重要：ETF被拒絕的可能性不容輕視。克魯格承認存在巨大的下行風險，他說：“如果ETF被拒絕，我們將陷入痛苦的世界。”因此，他建議交易者在美國交易時段保持警惕，保持警報活躍，直到5月23日做出決定。
Bloomberg ETF analysts updated their approval chances to 75% on Monday.
彭博ETF分析師週一將批准幾率更新爲75％。
In conclusion, Alex Krüger's analysis highlights the dramatic influence an Ethereum ETF decision could have on the market. Whether it comes this week or post-election, the approval could catalyze a major bullish run for Ethereum. However, traders should remain cautious and prepared for the potential fallout of a rejection.
總之，亞歷克斯·克魯格的分析強調了以太坊ETF的決策可能對市場產生的巨大影響。無論是本週還是大選後，該批准都可能催化以太坊的重大看漲。但是，交易者應保持謹慎，爲拒絕的潛在後果做好準備。
What's Next: The influence of Ethereum as an institutional asset class is expected to be thoroughly explored at Benzinga's upcoming Future of Digital Assets event on Nov. 19.
下一步是什麼：預計將在11月19日舉行的Benzinga即將舉行的數字資產未來活動上全面探討以太坊作爲機構資產類別的影響力。
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
該內容部分是在人工智能工具的幫助下製作的，並由Benzinga編輯審查和發佈。
Image: Shutterstock
圖片：Shutterstock