10X Research said on the X platform that all six applicants for the spot Ethereum ETF have filed updated S-1 forms, indicating that SEC approval may be imminent. In addition, the RSI oversold indicator indicates that there is a reversal in the short term. At present, two-thirds of the reversal indicators have turned bullish, and shorting may need to wait. If Bitcoin rallies to the $60,000-62,000 level, a failure to break through may lower the price again.