Recent market conditions continue to fluctuate, on-chain data is slightly bearish, with an ETF outflow of 84 million, however, ETH has a net inflow, and BTC has been experiencing outflows for the third consecutive day...
One reason for the weak market is the Christmas cycle, with no institutional participation and trading, the second reason is that Coinbase is once again at a negative premium, Bitcoin has been consistently at low levels and showing weak trends, the negative premium on Coinbase indicates that sentiment in the U.S. investment market is not very optimistic.