DOTUSD has been in a descending channel and it is about to get out very soon, touching the upper line of the channel right now, retest it maybe, but then it will fly!! The descending channel is indeed the 2nd bullish sign, the first sign was the bullish flag... Lets see how this plays out.
However, as of now, the SEC has not approved any cryptocurrency ETFs for Polkadot. The ETF approval process for cryptocurrencies remains challenging, with the SEC typically being cautious about approving such financial products. The landscape for crypto ETFs has been evolving, with recent approvals for Bitcoin and Ethereum ETFs in early 2024 potentially paving the way for other cryptocurrency ETF applications. But each application is scrutinized individually, and approval is not guaranteed.