Garrett Jin, the "1011 Insider Whale": The probability of ETH outperforming the Nasdaq 100 in the coming months has increased.

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Garrett Jin, the '1011 Insider Whale,' suggests ETH is bottoming out with a higher chance of outperforming the Nasdaq 100 soon, targeting a 50-100% upside based on the ETH/Nasdaq ratio and policy factors like potential US quantitative easing.

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EthereumSmart ContractsLayer 1ETHNasdaq 100Garrett Jincrypto analysismarket trends

According to Odaily Odaily, Garrett Jin, known as the "1011 Insider Whale," stated in an article on the X platform that the ETH/Nasdaq 100 ratio has repeatedly bottomed out around 0.11, indicating that ETH is in a bottoming-out phase and has an increased probability of outperforming the Nasdaq 100 in the coming months. He targets a ratio between 0.16 and 0.22, implying an upside potential of approximately 50% to 100%. Given the high correlation between Ethereum and the Nasdaq 100, a significant divergence is unlikely to be sustained. Mean reversion is inevitable, especially given the broader policy context, including the potential restart of quantitative easing in the US, direct cash stimulus to households, and SEC Chairman Paul Atkins's efforts to accelerate the migration of US stocks to Ethereum.

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