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PANews reported on December 25 that the suspected "1011 insider whale" Garrett Jin analyzed that last week’s decline in the US stock AI sector was mainly due to the misinterpretation of remarks by the Broadcom CEO and rumors regarding the "China EUV Manhattan Project," lacking fundamental support for the next 6 to 12 months. This week, AI concept stocks have fully rebounded, and the Nasdaq has recovered all its losses, indicating that market sentiment has stabilized. Regression analysis shows that ETH and the Nasdaq 100 still have a high correlation (Beta about 1.11, R² at 0.089), highlighting ETH’s strong linkage as a technology asset in macro trends.

BlockBeats News, on December 25, the agent of "BTC OG Insider Whale," Garrett Jin, posted that "Last week, the sell-off in the US stock market's AI sector was mainly driven by two factors: an emotional misinterpretation by sell-side analysts of comments made by the Broadcom CEO; and the narrative surrounding the extreme ultraviolet lithography 'Manhattan Project.' Both of these are essentially just noise over the next 6–12 months." This week, AI stocks have generally rebounded, including even the previously weakest performers, such as Oracle, which is still weighed down by debt issues. This usually indicates that panic sentiment has ended and a short-term bottom has formed. The Nasdaq 100 index has fully recovered the losses previously triggered by these 'bearish headlines.' Given that ETH has a clear tech stock Beta (moving in the same direction but with greater volatility) characteristic, its correlation with the Nasdaq 100 index remains at a high level."

BlockBeats News, December 25th, on-chain whale agent Garrett Jin posted, "Last week's AI stock sector sell-off in the U.S. was primarily driven by two factors: emotional misinterpretation by sell-side analysts of Broadcom's CEO comments; and the narrative surrounding extreme ultraviolet lithography 'Manhattan Project.' These two points are essentially just noise in the next 6–12 months." This week, AI stocks rebounded overall, even including previously weakest performers, such as Oracle still hampered by debt issues. This typically signals the end of panic selling and the formation of a temporary bottom. The Nasdaq 100 index has fully recovered from the declines triggered by these 'bearish headlines.' Given that ETH has a distinct tech stock Beta (moves in the same direction, higher volatility) attribute, its correlation with the Nasdaq 100 index remains at a high level."