The US stock market has been quite lively over the past week. AI concept stocks were first hammered down, then quickly rallied. The Nasdaq 100 Index has already recovered all the declines from the previous sell-off, and this rebound has indeed sparked a lot of discussion in the market.



Speaking of which, Ethereum ETH is the most interesting. Many see this as the "Beta of tech stocks," and its correlation with the Nasdaq Index has always been quite obvious. When the AI sector in the US stock market moves, ETH tends to change its face accordingly. Therefore, to understand what the funds are really doing, observing ETH's performance can reveal some clues.

From this perspective, October is indeed a critical window, and the linkage effect between tech stocks and the crypto market may continue to unfold.
ETH1.03%
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TokenToastervip
· 6h ago
Damn, ETH is syncing with Nasdaq again this time. Looks like I need to keep a close eye on this guy. The AI stock rebound really can't hold up. Are funds arbitraging or do they still have confidence? ETH's reaction says it all. October is indeed a critical point. It all depends on who admits defeat first—tech stocks or the crypto market. ETH's Beta characteristics are becoming more and more obvious. Isn't this the best window to track the US stock market? The Nasdaq rebounded so quickly that I didn't even react, but ETH had already sensed it. Watching the flow of funds, ETH is definitely the right call. This thing is more honest than any technical analysis. If this kind of correlation happens again, it feels like the crypto market will throw a party again next month.
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CryptoFortuneTellervip
· 6h ago
This rebound is pretty strong, it feels like just harvesting the little guys. The correlation between ETH and the US stock market has been obvious for a while. To put it simply, it's a barometer of capital flow. Whether October can break through or not depends on Nasdaq's mood. There's nothing we can do.
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ApyWhisperervip
· 6h ago
ETH is just a weather vane; if the US stock market moves, it follows. This wave of the market seems like it will continue. --- Wait, tech stocks rebounded so quickly? Feels like funds are racing against time. --- October is indeed critical. Now that all in on ETH, I guess people are starting to have trouble sleeping again. --- Basically, you can tell what big players are doing just by watching ETH—simple and straightforward. --- Did the Nasdaq recover its losses? Then why hasn't crypto fully rebounded yet? Feels like it's lagging behind. --- AI was hammered down and then pulled back up. This kind of operation messes with people's mentality; ETH can't even follow the trend in time. --- Are funds this obvious? No wonder everyone is watching ETH so closely—its beta attribute is so strong. --- There's still a lot of drama in October. Everyone, get ready. --- ETH is a "information broker." If you want to know where the funds are heading, watching it is foolproof. --- Why does this rebound feel so familiar? Are we about to see that same old story again?
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alpha_leakervip
· 7h ago
ETH really is a barometer; if it can't keep up with this rebound in US stocks, it might be time to reconsider. The AI concept is so crazy; funds probably won't really move to traditional tech, feeling a bit anxious. October's window, who knows, might be another big show. Waiting to see how ETH performs. The Nasdaq recovers its losses so quickly? Feels a bit fake... Beta market, to put it simply, is about where smart money is piling in. ETH's moves won't deceive. If this rebound can really continue, cryptocurrencies should benefit too; otherwise, it's just bluffing.
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