Let’s talk about ETH’s market trend—recent rebound has been super strong. Recently, BTC rebounded 1%, while ETH rebounded 5%. Main reasons are: 1. This round, ETH dropped more significantly—down 46% from the high, while BTC only dropped 35%. 2. Ethereum Foundation confirmed Fusaka mainnet upgrade will go live on December 3, reducing L2 gas fees by 89%. 3. ETH ETF net inflows turned positive on December 1, with $1.8 billion, reversing November’s $16.4 billion outflows. Total institutional holdings exceed $13 billion. It’s clear that ETH’s technical upgrades have attracted a lot of Wall Street institutions. Plus, the strong rebound demand has made ETH’s surge this time very impressive. I’ve been bullish on the rebound for a week, opened a BTC long position, and I’m still holding it. For those following my long position, just be patient. As for ETH, I might close my long around $3500. TG: https://t.me/+atwGN9muCcIyNzc1