Garrett Jin from the ‘1011 Insider Whale’ indicates that ETH and BTC have not risen alongside other risk assets due to trading cycles and market manipulation.
Since October’s deleveraging began, retail investors have faced significant challenges, though ETH and BTC still perform well over the long term.
The ongoing low trading volumes in ETH and BTC futures suggest a potential end to the deleveraging cycle, with both assets showing safe haven characteristics.
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