Is ETH the 'favorite child' of the Nasdaq? This recent crash and surge hide a financial game you may not understand!
I just saw a hot piece of news, 'BTC OG insider whale' agent Garrett Jin directly pointed out: ETH is not an independent asset; it is simply a 'shadow token' of tech stocks! When the Nasdaq 100 rises or falls, ETH jumps along with it. This is not decentralization; it's simply 'Nasdaq's on-chain branch'!
Last week, when AI stocks crashed, ETH trembled as well; this week, when AI stocks rebounded, ETH quickly regained its ground. Is this 'value storage'? This is called an 'emotional synchronizer'! Look, even Oracle, burdened by debt, can rebound. Once the panic subsides, the Nasdaq quickly recovers—what about ETH? It follows suit without a hint of rebellion!
To put it bluntly, what you are trading now is not Ethereum but rather Nasdaq's 'high volatility derivatives'! You might think you are playing the blockchain revolution, but in reality, you are just playing the 'double beta version of tech stocks'. The big players are playing with emotions, and you are playing with your pulse.
I have said before: ETH is no longer the 'world computer'; it is the 'global liquidity emotional mapper'. Every time the market shakes, ETH either leads the decline or the rise—why? Because it has long been tied to the tech stock war machine! Think about it, why does ETH always react more intensely than BTC whenever the Nasdaq moves? Because it has the 'blood of tech stocks' flowing through it!
What should players do?
Stop being 'faithful retail investors'! You must now keep an eye on the Nasdaq 100, leading AI stocks, and even the winds of the Federal Reserve's actions. ETH is no longer dominated by technical narratives; now it is a 'double act' of macro emotions + tech stock resonance.
For example: A few days ago, a statement from Broadcom's CEO caused AI stocks to crash, and ETH followed suit; now the market turns around and realizes it 'misread' the situation, and ETH rises back again—how many people lost money in between? You are not losing to technology; you are losing because you 'do not understand who it is tied to'!
Blockchain talks about 'decentralization', yet ETH has become the one that 'trusts Nasdaq the most'. This is not sarcasm; it is reality. True players do not blindly believe; they see clearly the 'synchronized hands' on and off the chain.
There are no deities in the crypto world, only teachers with a good mindset. If you do not know what an effective breakthrough is or which coin can yield 10 times the return, follow Si Sheng and join the village to get started! $ETH
