Odaily News Matrixport published today's chart and said that according to the recent S-1 filing with the SEC, the approval of the Ethereum ETF seems imminent. Although the price of Ethereum has pulled back from the rebound since May 20, 2023, when the SEC required exchanges to resubmit Form 19b-4, the market position of ETH remains bullish. The number of long positions increased from 2.7 million ETH to 3.1 million ETH. This shows that futures traders are already looking forward to the approval of the ETH ETF, although the spot price has not yet reflected this sentiment. The market may not see a "sell the news" event this time.