The Ethereum market is experiencing a significant wave of sell-offs, reflecting investor uncertainty in making investment decisions at current price levels. This phenomenon is not coincidental—rather, it results from trading patterns that have become synonymous with the behavior of major institutional investors like BlackRock. While ETH is currently trading at $2.76K after a 5.77% decline in the last 24 hours, market momentum indicates a more complex dynamic than mere price movements.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Why Investors Are Synonymous with the "High-Low" Strategy: The Case of ETH and BlackRock
The Ethereum market is experiencing a significant wave of sell-offs, reflecting investor uncertainty in making investment decisions at current price levels. This phenomenon is not coincidental—rather, it results from trading patterns that have become synonymous with the behavior of major institutional investors like BlackRock. While ETH is currently trading at $2.76K after a 5.77% decline in the last 24 hours, market momentum indicates a more complex dynamic than mere price movements.