Let's talk about the market for ETH. Recently, it has rebounded strongly.

Recently, BTC rebounded by 1%, while ETH rebounded by 5%.

The main reasons are:

1. This round of ETH fell quite a lot, dropping 46% from its peak, while BTC only fell by 35%.

2. The Ethereum Foundation confirmed that the Fusaka mainnet upgrade will go live on December 3rd, with L2 gas fees reduced by 89%.

3. The net inflow for the ETH ETF turned positive on December 1st at $180 million, reversing the outflow of $1.64 billion in November, with total institutional holdings exceeding $13 billion.

It is clear that ETH's technological upgrades have attracted many Wall Street institutions.

Additionally, the strong demand for rebounds has led to a significant surge in ETH.

I personally have been bullish on the rebound for a week, opening long positions on BTC and continuing to hold.

Everyone should patiently wait with the long positions I hold; I might consider closing my ETH position around 3500.