Interestingly, some market observers have recently noticed that Ethereum may be brewing a rebound opportunity. The situation was triggered by a sharp correction in AI concept stocks some time ago—market misinterpreted the remarks of certain tech company executives, leading to a chain reaction. However, it seems that panic sentiment is dissipating, and this week the tech sector has generally rebounded, even the stocks of companies previously troubled by debt issues have recovered. This gives us a signal: the correlation between Ethereum and the Nasdaq 100 Index remains high, and since the latter has already recovered its losses, ETH is likely also bottoming out. Meanwhile, the trends of mainstream cryptocurrencies like Bitcoin and Solana are also worth watching, as the entire market appears to be brewing a new upward cycle.

ETH0.69%
BTC1.01%
SOL0.44%
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TokenSleuthvip
· 6h ago
The tech sector rebounds, is ETH really about to take off? I remain skeptical. --- It's the same correlation argument again; I'm tired of hearing this rhetoric... --- Nasdaq recovers, so ETH must follow suit—laughable. Don't you have your own judgment? --- Bottoming out, brewing, a new cycle... they say this every time, but what’s the result? --- Recently, Solana has been quite interesting; worth keeping an eye on. --- Is the panic sentiment dissipating? I think a new panic is on its way. --- The recent correction of the AI concept was truly outrageous; the market reaction was really excessive. --- Wait, are you sure Nasdaq won't drop again? --- If ETH really moves so closely with tech stocks, honestly, I’m even more worried. --- When mainstream coins rise together, it’s the least credible; this time is no exception. --- Companies with debt issues have all rebounded? This looks like a topping pattern. --- Such clear bottoming signals? In that case, I should be more cautious.
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ContractFreelancervip
· 6h ago
The bottoming signal is so obvious, why are some people still selling? --- Nasdaq has already rebounded, what more does ETH need to pretend? --- Where is the promised upward cycle? Should I buy now or wait? --- The rebound driven by AI stocks feels a bit fake. --- Solana is also moving; has the wave really arrived? --- With such high correlation, we must keep a close eye on the US stocks. --- It's the same bottoming theory again, just like last time... --- Can a rise happen just because panic dissipates? I still feel a bit anxious. --- Debt companies are standing up; the market is indeed changing. --- Let's wait and see what Maxi says; it still doesn't feel solid enough. --- Chain reactions are really unavoidable; what to do next time? --- Market misinterpretation can be deadly, but now that it's reversed, it's an opportunity. --- Mainstream coins are all moving; this rhythm is quite interesting.
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DegenGamblervip
· 6h ago
Bottoming out? Bro, stop with that nonsense, how many times have I told you that before... --- Nasdaq rebounds, so ETH rebounds. That logic is just too superficial. --- Here we go again, brewing a rebound every day🤷 --- Companies with debt issues have all seen their stock prices rise. What does that mean? It means the market doesn't care about fundamentals at all. --- The tech sector rebounded, but this time is different. It feels like hot money is switching sectors. --- SOL is leading the charge. Whether BTC follows or not is the key, right? --- Alright, alright, here we go again, making up stories. I'll just see how long this can last. --- Correlation is something that’s especially high during declines, but during rises, it becomes "independent movement," haha. --- Rebound opportunity? Bro, I only look at what support levels got broken. Don’t tell me about brewing or not.
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MEVHunterXvip
· 6h ago
Hmm... starting to talk about bottoming out again. How many times have I heard this explanation? Just because tech stocks rebound doesn't mean ETH is about to take off. The logic is a bit forced. Let's wait and see. Anyway, I still have coins in hand, so I'm not afraid even if I get caught.
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just_here_for_vibesvip
· 6h ago
Bottoming out? Sounds good, I just want to ask if this is another false breakout... --- Can a Nasdaq rebound save ETH? Feels like that logic is a bit far-fetched. --- Another new upward cycle, haha, I'm tired of hearing that. --- That wave of AI correction really messed with my mindset. I'm a bit hesitant about calling it bottoming out now. --- Can Solana keep up? Come on, give me a break, it's complicated enough. --- Dispersing panic? It's just a temporary halt. What's next? --- High correlation means a rebound? Then just stop trading crypto and buy the Nasdaq directly. --- Looking at this analysis, I feel more like a crash is coming... --- Wait, the stock prices of companies with debt issues are also rising? The market is crazy. --- Bottoming out, but I'll just see if anyone dares to buy the dip.
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AirdropNinjavip
· 6h ago
Tech stocks rebound, does ETH have to follow? This logic is too far-fetched. When has crypto ever truly been independent? --- Nasdaq rises, ETH rises—this is just follow-the-leader, it's a bit annoying. --- Bottoming out? Uh... I feel like it still needs to drop further. --- Talking about a new upward cycle again, I've heard this saying for a year. --- SOL and BTC are also pretending here, just following tech stocks for a run. --- Market misreading → panic → rebound, it's just a cycle script. --- What’s the use of high correlation? It's still retail investors getting caught. --- Let's wait and see; this rebound might just be a trap for a short squeeze. --- If it were really going to rise, it would have already. Now it's just brewing? Too late.
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