Analyst: ETH Outperforms on Strong Treasury Holdings, Sustainability of High Inflows Questioned
BlockBeats News, September 4th, according to The Block, Presto research analyst Min Jung stated that the market's buying pressure is mainly sustained by the continuous accumulation of Digital Asset Treasury (DAT) companies, and attributed Ethereum's significant Wednesday surge to this trend.
Jung said: "ETH once again performed well, likely benefiting from the same fund inflow driven by DAT. However, we remain cautious about the sustainability of this theme and DAT companies' ability to maintain high purchase volumes."
The analyst also previously pointed out that funds are continuously rotating from Bitcoin to Ethereum, as traders believe that after Bitcoin hit historic highs in July and August, Ethereum provided more profit-taking opportunities.
Potrebbe interessarti anche
Chi ha guadagnato
Ultime notizie crypto
Cysic Foundation: Strumento di controllo dell'idoneità Airdrop ora attivo
WSJ: Gli investitori diffidano di un nuovo round del "Crypto Winter"
Aethir pubblica una roadmap di 12 mesi per accelerare la crescita nel business globale dell'IA Computing
Elenco di afflussi/deflussi di finanziamenti spot a 24 ore: ETH Net Outflow di 126 milioni di dollari, ZEC Net Outflow di 18,2 milioni di dollari
Bloomberg: La Fed non è mai stata così divisa sulla strategia Long Rate
Assistenza clienti:@weikecs
Cooperazione aziendale:@weikecs
Trading quantitativo e MM:[email protected]
Servizi VIP:[email protected]