#ETH走势分析 In December, closely monitor the impact of the Fed's policy on liquidity. Once Bitcoin falls below $70,000, that's a buy the dip signal.

The current Ethereum market basically follows $BTC , and both are heavily dragged down by the ETF. The data is as follows: In November, the net outflow from Bitcoin ETFs in the U.S. was 3.5 billion USD, and IBIT alone redeemed 2.2 billion. Last month, $BTC plummeted by 31%, which means that for every 1 billion USD the ETF withdraws, the coin price drops by 3.4 points.

If there is no incremental capital entering the market in the short term, the key is whether we can hold the support level. If it really breaks down, then it is just the perfect opportunity to go long heavily - this is my trading idea after reviewing.