URGENT!!! ETHEREUM CME FUTURES EXPLAINED, GOOD OR BAD?
Tomorrow Ethereum futures are going to go live on the C. M. E. now this particular event has many people worried since back in 2017 when bitcoin futures launch over on the CME the price of bitcoin actually tank from its previous all time high of like $20000 and went down by 70 percent in less than 6 weeks in fact the launch of the bitcoin CME futures coincided with the end of the Bull Run and the beginning of a long savage and brutal bear market leading many people to speculate that this could be the beginning of the next bear market.
It's all over for crypto in this blog I'm going to break down situation for you and give you my opinion on what is going to happen my name's lark and every day I make blogs to help you make money investing so if that is what you want to do that make sure you subscribe to the channel hit the bell smash up the like but make sure to catch all of my blog by the way if you want to earn a safe and simple passive income with your crypto currencies then you need to get yourself a block 5 interest account you can earn 5.25 percent on your theory of 6 percent on bit coin 6.5 percent on your like 28.6 percent on dollar coins like U. S. DC and as a special bonus.
If you signed up using the link down below in the description then you can get up to $250 bit coin bonus which is totally awesome so check that out okay let's get into this topic so tomorrow the CME will launch their Ethereum futures now in case you don't know the C. M. E. is the biggest futures market in the world you know so the kind of a big deal kind of a big deal the launch you know it's it's going to provide a wide range. Change of market participants with a new and easy way to get exposure to the price of Ethereum you know if it's going up going down they can now bet on that over on the CME futures markets the launch of these futures comes just 2 days after Therion hit a new all time high at $1752 in fact since the launch of the Ethereum seat M. E. futures were announced that there has been an absolute terrace incinerating higher it's up around 190 percent.
Since those futures were announced up course that coincides with an overall bull trend in the market they need to understand one thing about the CME futures products that are being launched these are paper products paper derivatives there is 0 Ethereum backing these paper contracts and they're all settled in cash or bonds actually sold in cash no if you're involved at all just speculating on the price maddens hers actual market impact the CME could do $100000000000 and see you know if you're in futures volume without a single real piece of Ethereum would be bought or sold it's just a derivative trading platform right so it's not like something like gray scale that they actually go out and buy actual real Ethereum put it in their vaults to back up their shares of their trust is nothing like galaxy digital's Ethereum funds that are launching soon to connect direct access to real Ethereum this just baseless paper. Now there are a few different opinions.
On what will happen when these futures do lunch though there are those who think that this will be 8 heritable event like it was for bitcoin back in 2017 there are those who think really not much is going to happen senses just paper contracts anyway these guys are speculating on the wider moves going on in the market are actually making the market and there are those who think that this will actually be a decent thing in terms of price appreciation because we'll see more institutions getting exposure to the asset taking interest in the asset kind of more that camp personally but the US is the guys who were in the not much is going to happen camp isn't that interesting I think we're gonna look at instead is that the for and against is going good or going bad points of view.
First let's discuss the idea this is going to be terrible and crash the market sending us into a new devastating bear market so I mentioned at the start of blog launch a big Quincy futures in summer 2017 came days before the start of the brutal bear market of 2018 of course in the 2019 all that fun stuff understandably some people have some some PTSD issues around crypto CME futures bunch is understandable.
But that has led some people to kind of you know think that the theory CME futures are gonna play out in the exact same way at the bitcoin CME futures did but I disagree with the scenario you see 2017 was totally different time 12/20/17 is crazy that was already at the blowoff parable of top things have been going totally insane at the time the seem to be killing features launched the current market structure not similar at all it's true Cinemark movie up a lot but nothing like 2017 we're now in the early stages of a bull market not the late stages.
bull market like in 2017 this market has got a long way to go could be Sierra 789
months a couple years even many people are conflating causation and correlation
with the launch of the CME futures for bitcoin I don't believe the launch
of the bitcoin futures are on the C. N.. He is what caused the blow off top
to happen they didn't end the bull market right they happen at the same
time the bull market was ending anyway so it's not going to cause a new bear market
take place we see the theory of futures launching.
Now one thing I could see happening though is they you know buy the
rumor sell the news kind of thing because there are so many people
who are expecting that the CME futures launch is going to pump the theory
in like crazy.
when it kind of doesn't happen there'll be a lot of
disappointment you know the people go well didn't do an instant
moon pump you know that if you're in Dublin price overnight
so it must be a big scam was red or charcoal Ponzi 0 now right.
The worst I can see a short term correction of days or weeks playing
out that may not happen but that's like the worst case scenario
that I see out of the CME futures launches but I truly do believe
that in the CME futures that's not going to lead to another multi year bear market
it's just not it's that we're told for market right now because late 2017.
That was already the blowoff top guys by the time the CME futures launch
for bit coin the market was already done that thing was cooked ma'am
the current market structure it's not really that similar 12/20/17
we're in the early stages of this bull market has been on the you
know the end of this bull market anyway.
I think it's also worth noting that bit coin.
Just more than doubled versus its previous all time high for 2017 that's a
really important because you have to understand that the entire
time that the price of bitcoin doubled and then some the CME has
continued trading bitcoin futures. Crazy stuff right so in the trading of
those futures that did not stop it going from hitting 42000 normally stop
be quiet reading 100000 perma bears will get wrecked member
they're just betting on the price of the market the buyers of the actual
underlying assets of the ones that are really driving the market right
people like Paul Tudor Jones the clever ones they go along as they
see what's actually going on with the market the perma bears that is
betting and everything it wrecked all the time also gray scale institutional
investors they just bought $150000000 worth of if you're in the last
few days that's more than 100000 ether incredible incredible demand
from buyers here do you really think that all those institutions are out there
buying up all Ethereum because they honestly believe that the market is about
to take it into a multi year bear market they're seeing the big
picture right the look at the big picture these guys are buying Ethereum
because they know it is going to be worth 5 digits.
Future the CME markets they do not make the market they're just
speculating on the price going up or down they do not dictate the price.
so don't get blood fall in that trap bees are paper contracts settled
in cash is no if you're in backing them they just allow Wall Street to
the hope that one way or the other and then an up trending market
they live their bet on the price going up or be a bunch of you know broke
Wrecked bears betting the price going down the smart ones better price going
up because they like making money and the traders playing around in the
sea I mean of course are also missing a crucial component of the
Ethereum.
Equation they will not be getting a stake here which
I think will drive institutions more and actually getting the real stuff
remember buying and holding real affair if you're even essentially
only what could be become one of the most valuable internet bonds
paying a solid annual reward in the native asset in the end I think
that the CME futures will be a net positive at the time that they're
launching for the market even if more serious investors.
You know there's still a lot more direct access with your him those
guys going to go out and buy it straight off a claim based they're going
to go buy a galaxy digital if you're in fine thing up by grayscale shares
right then what more direct exposure to the actual underlying asset that
being said the CME futures gives institutions another option another
Avenue to get involved to get that price exposure at the very least to
what's going on in the market.
Popular with institutions in the same way that they quite futures work
right it's a gateway drug for these guys to get involved to get at that
price exposure to the asset but eventually they want a better hit they
go on to get the real stuff later on when they figure out what it
actually is they're gonna want to get the real deal anyway those
my 2 way for the day what do you think do you think that the S. series
fear him CME futures are going to be a positive or a negative for the
price of Ethereum in the short run and in the long run let me know
down below let me hear your thoughts on the coming Ethereum CME
futures.
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