The power of bottom fishing over here in the US is really strong. Take the two coins $XRP and $ETH for example, they are completely dominated by US funds. During the day, these two coins plummeted, but at night, which is daytime in the US, John and Mary wake up, and the prices are quickly pulled up.

XRP is like a cockroach that just won't die; it has managed to stay stable around $2.2 despite multiple fluctuations during this time.

ETH, many institutions entered the market at $3600. Once the price drops just above $3000, it quickly recovers. Let's see how the market performs after Christmas and whether it can validate the observations above.