The buying pressure for Ethereum has noticeably slowed down, even approaching stagnation. Although new dat continues to emerge, the discount in market capitalization will seriously affect financing capabilities, thus disrupting scale and sustainability. In short, the favourable information has been largely digested by the market, and it is difficult to drive a rise in the short term based on this, making it hard to achieve independence at this stage.

Seeing that whales on-chain are continuously taking profits, whether this will create selling pressure on the market depends on the ability of market makers to absorb off-exchange positions. If the off-exchange cannot digest it, it will ultimately have to circulate within the exchange, and its price will inevitably be impacted. #美联储降息25个基点 #BTC战略储备市场影响 #XRP ETF上线