Technical analysis by Shotokhan about Symbol ETH: Sell recommendation (5/23/2024)

Guys I know what you're thinking which is probably "yeeeeah, ETH ETFs are finally approved, ETH to the moon" but as I said back when BTC ETFs got approved, this won't be the case, at least not right away! I expect a "sell the news" event because this is just another news after all! As you can see here (circled drop), the days who followed BTC approval price dropped around 17%, probably in this case it could be more. I suggest not to touch ETH now until the euphoric moment disappears and we see where we are headed. Good luckso after many months we can say I was right!