Last night, the US stock market opened and closed normally, and the ETF data of BTC and Ethereum also came out today, which are all normal inflows. Therefore, in this case, the weekend market is still expected. Basically, we can see a signal of recovery and rise. You can see that the current market is still fluctuating in the range. Once there is a decline, the market will recover quickly, which proves that the funds in the United States have begun to recover slowly.
In the future, if there is no major negative trend, the market will move around the upward range of the recovery state, because the negative news of the Federal Reserve on the number of interest rate cuts in 2025 has been almost digested. Although this week is the last Sunday of 2024, it also encountered the expiration of $4.2 billion options. It is highly likely that investors will choose to postpone rather than sell immediately, so this wave of delivery will not have a big impact on the market.
Then let me show you the data. BTC had a net inflow of $475 million, and Ethereum had a net inflow of $117 million. Ethereum almost bought back the outflow data of the two days before Christmas in one day, but it was still a little short of that. From here, we can see that institutions are slowly becoming interested in Ethereum. Although the price of Ethereum is still a long way from its historical high, the trend has shown that institutions and investors are more optimistic about it. If Ethereum can maintain this inflow, I believe that the price of Ethereum will also rise, and the long-awaited cottage season will soon be seen with the efforts of Ethereum!
