[JPMorgan: Retail Investors Selling Bitcoin and Ethereum ETFs May Lead to Crypto Market Correction] JPMorgan analysts stated that retail investors sold approximately $4 billion worth of spot Bitcoin and Ethereum ETFs in November, which could be the main reason for the recent cryptocurrency market adjustment. Meanwhile, retail investors increased their holdings of stock ETFs by about $96 billion this month, indicating that the cryptocurrency sell-off is not driven by broader risk-averse sentiment.

The bank said that stablecoin giant Tether has quietly become one of the gold market’s most influential new buyers.

According to AiCoin's real-time on chain monitoring, from 06:45-06:46 (UTC+8) today, the "Calm Open Order King" once again placed multiple SOL orders, with a total of 8079 SOLs and a value of $1.1 million. As of press time, the value of its SOL multi position is as high as $24.94 million, with a floating loss of $20.5 million. Whale Address: 0x9263c1bd29aa87a118242f3fbbba4517037f8cc7a

According to AiCoin's real-time on chain monitoring, from 06:43-06:44 (UTC+8) today, the "Calm Open King" once again placed multiple BTC orders, with a total of 19 BTC and a value of $1.7 million. As of press time, the value of its BTC multi position is as high as $27 million, with a floating loss of $2.99 million. Whale Address: 0x9263c1bd29aa87a118242f3fbbba4517037f8cc7a

Membership indicators show that the current trading volume has shrunk to 25% after the last 10 cycles, and market activity has significantly decreased, suggesting that short-term prices may continue to be weak. At the same time, the price is below the EMA24/52 moving average, and the slope of the double moving average is downward, further verifying the downward trend. On the candlestick chart, the strong bearish signal of the Black Three Soldiers combined with RSI enters the oversold area, indicating that bears still dominate. However, the emergence of bottom classification and KDJ golden cross suggests that a local rebound may be brewing. Pay attention to the gains and losses of the resistance level 3174, and break through or trigger a short-term recovery market. Unlock member indicators and accurately capture change signals! The data is sourced from the PRO member's [ETH/USDT Binance USDT perpetual 90 minute] candlestick, for reference only, and does not constitute any investment advice.