The cryptocurrency market is about to welcome multiple positive factors.
FTX $16 billion repayment: Starting January 3rd, FTX will initiate a $6 billion repayment. This large influx of capital into the market is expected to signal a rebound in the crypto space.
Trump's inauguration impact: Trump supports cryptocurrencies, attracting traditional financial institutions and investors to enter the market, with funds already pouring in after the election.
Ethereum staking ETF: The Ethereum staking feature is coming, enhancing its appeal and bringing buying interest. Staking applications may open in January, and there has already been a $131 million buying 'illusion' before the holiday.
Ethereum Prague upgrade: Historically, Ethereum's price has often doubled after upgrades. This time, the upgrade is expected to drive price increases within a month.
In summary, Ethereum may outperform Bitcoin in the coming months, and Ethereum along with its four major ecosystem coins will become the focus. The current pullback may be a good opportunity to enter!
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