Garrett Jin: ETH remains strongly correlated with the Nasdaq; improved AI sentiment fuels a rebound in technology assets.

Garrett Jin, suspected to be the "1011 insider whale," analyzed that AI concept stocks rebounded across the board this week, and the Nasdaq has recovered all its losses, indicating that market sentiment is stabilizing. Chart regression analysis shows that ETH and the Nasdaq 100 still have a high correlation (Beta of approximately 1.11, R² of 0.089), highlighting the high correlation between ETH as a technology asset and macroeconomic trends.