CT is perpetuating the narrative that the fake ETF approval pump is foreshadowing the reaction of the real event.

Whilst I believe a spot #Bitcoin ETF is inherently bullish, I think it_s rash to draw such conclusions based on yesterday_s events (for 2 reasons):

1. The timeframe was minuscule. A real bid must be sustained over days/weeks, not 10 minutes (consider how often FOMC pumps get faded).

So although it was a good sign that the market finally responded to some seemingly good news, I_d be wary of falling for unfounded CT hype.