The spot Ethereum ETF saw a net inflow of $131 million yesterday, what does the market trend look like for Christmas: is the pullback a breather for the bull market?
Yesterday, the spot Ethereum ETF welcomed a net inflow of $131 million, indicating strong market demand for Ethereum. This influx of funds shows that investor sentiment towards Ethereum remains bullish, especially against the backdrop of increasing uncertainty in the cryptocurrency market.
The inflow of funds into the spot Ethereum ETF is often seen as an important signal that institutional investors are optimistic about Ethereum, especially with the advancement of Ethereum 2.0 and other technological upgrades, the market may usher in a new wave of upward momentum.
Additionally, similar to previous years, the crypto market has also experienced a wave of pullbacks during this Christmas period. The crash on December 20 and the subsequent brief rebound seem to have come to an end, and the current oscillating adjustments are showing a slow pace, expected to last until the end of Christmas.
