【Matrixport: Continuous Inflow of Funds into Ethereum, Re-entry Opportunities May Arise】According to a report by Golden Finance, Matrixport released a daily chart stating that Ethereum, similar to Bitcoin, tends to lose momentum when prices rise significantly, especially when prices increase by more than 60% within 30 days. Historical data suggests that this is typically a good profit-taking opportunity. Currently, prices have retraced to levels similar to a month ago, which may indicate that a re-entry opportunity is brewing, especially if the cryptocurrency bull market is expected to last until 2025. Notably, Ethereum has not exhibited the higher beta characteristics seen in the last bull market during this round of rebound. However, it remains a favored asset among investors. The continuous influx of ETF funds recently is the best proof of this. This strong demand not only highlights Ethereum's important position but also indicates that it remains a focal point of attention even if its performance is slightly below expectations in this cycle.
