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ETH has seen net inflows for 14 consecutive days, with a substantial amount. However, the price has been fluctuating. My understanding is that ETH is currently in a turnover period, with significant disagreements among traders. Weak hands are getting out of positions while old money outside the market is gradually entering.
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After the BTC ETF went online, there was a similar turnover period at the end of January and the beginning of February. Retail investors believed that the positive news was confirmed, coupled with the selling pressure from Grayscale, many of them exited the market, while institutional investors continued to enter through ETF.
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Qianfeng believes that the turnover period is coming to an end, and the net inflow of ETF will gradually increase/expand, and the price of ETH is about to explode. You can directly refer to the BTC ETF, and BTC rose by 70% after the turnover period ended.
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The current BTC ETF is also experiencing continuous net inflows, but the price has entered a period of volatility again, and there is still serious disagreement within the market, which is also in the stage of turnover. Veteran traders are selling off, while MicroStrategy and Wall Street continue to buy in.
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Above, give everyone some reference to the market trend.
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Recent performance is blowing up the bull:
Just an information carrier, don't spray if you don't like it! Believe it or not.