Matrixport: Ethereum funds continue to flow in, and the opportunity to re-enter the market may come soon
BlockBeats news, on December 25th, Matrixport released daily charts stating that Ethereum, like Bitcoin, often loses momentum when prices rise sharply, especially when prices rise more than 60% within 30 days. From historical data, this is usually a profitable opportunity. At present, the price has rebounded to the same level as a month ago, which may mean that an opportunity to re-enter the market is brewing, especially if the cryptocurrency bull market is expected to continue until 2025. It is worth noting that Ethereum did not exhibit the higher beta characteristics seen in the previous bull market during this rebound. However, it remains an asset favored by investors. The recent continuous inflow of ETF funds is the best proof. This strong demand not only highlights the important position of Ethereum, but also indicates that it is still highly regarded even if its performance in this cycle is slightly lower than expected.