After the plunge, the ground is covered with gold
1. ETH had a massive rebound K-line at 3100 yesterday, which represents 50% of the entire increase and also aligns with the 20-week moving average. From a weekly perspective, this pullback of ETH is considered a healthy correction.
2. ETH has historically shown a double bottom in price and BTC exchange rate multiple times in December, and this year exhibits the same characteristic. I remain very optimistic about the performance of ETH and quality altcoins in 2025.