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PANews reported on December 25th that Garrett Jin, suspected to be the "1011 insider whale," analyzed that last week's decline in the US AI sector was mainly duePANews reported on December 25th that Garrett Jin, suspected to be the "1011 insider whale," analyzed that last week's decline in the US AI sector was mainly due

Garrett Jin: ETH remains strongly correlated with the Nasdaq; improved AI sentiment fuels a rebound in technology assets.

2025/12/25 15:54

PANews reported on December 25th that Garrett Jin, suspected to be the "1011 insider whale," analyzed that last week's decline in the US AI sector was mainly due to misinterpretations of Broadcom CEO comments and rumors of a "Chinese EUV Manhattan Project," lacking fundamental support for the next 6 to 12 months. This week, AI concept stocks rebounded across the board, with the Nasdaq recovering all its losses, indicating stabilizing market sentiment. Chart regression analysis shows that ETH and the Nasdaq 100 still have a high correlation (Beta approximately 1.11, R² 0.089), highlighting ETH's high correlation with macroeconomic trends as a technology asset.

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