Odaily Planet Daily News Matrixport released today's chart saying that companies holding Ethereum have performed poorly recently, with their NAV (net asset value) hovering around 1, indicating that investors are no longer willing to pay a premium; the NAV of companies holding Bitcoin has also fallen sharply.

Ethereum trading volume has plummeted from $122 billion to $41 billion, but futures open interest remains high, providing short-term support for ETH prices. However, as liquidity tightens and funding rates remain high, leveraged longs may face pressure to liquidate their positions.

The U.S. inflation data released this week and the Federal Reserve’s interest rate meeting next week may provide positive factors for the crypto market.