#数字资产市场动态 What are the whales hinting at? $ETH rebound window may have opened

Analyst Garrett Jin's recent insights are worth noting: the previous sharp decline in AI concept stocks was likely due to a misinterpretation of statements by the CEO of a major chip manufacturer. This week, you see, the sector generally rebounded. Even those tech giants burdened by debt are bouncing back, indicating that market panic is easing.

There is an interesting signal behind this — the correlation between $ETH and the Nasdaq 100 index remains strong. Now that the Nasdaq has recovered its losses, it suggests that $ETH has a high chance of bottoming out and rebounding.

At the same time, observe the trends of $BTC and $SOL; all three seem to be brewing for a breakout at this stage. However, the exact trajectory will depend on the subsequent reactions of US tech stocks.