Garrett Jin, suspected "1011 insider whale": The correlation between ETH and the Nasdaq 100 index remains very high.

According to Odaily Planet Daily, Garrett Jin, suspected to be the "1011 insider whale," posted on the X platform that last week's sell-off in AI concept stocks in the US stock market may have been due to sell-side analysts' emotional misinterpretation of Broadcom CEO's remarks. This week, the artificial intelligence sector has begun to rebound across the board, including even Oracle, which is still burdened by debt problems. This trend usually indicates the end of panic. Currently, the correlation between ETH and the Nasdaq 100 index remains high. The Nasdaq 100 index has now fully recovered the losses caused by those "negative news," suggesting that ETH may have bottomed out and rebounded.