Bitwise CIO: ETH may lead the crypto market rebound, and the December Fusaka upgrade is an important catalyst

Bitwise Chief Investment Officer Matt Hougan analyzed that many pieces of information are being overlooked in the current chaotic market correction, such as the upcoming Fusaka upgrade for Ethereum, which will significantly enhance the token's value capture capability. This upgrade will also introduce minimum fees for Layer 2 data recording. The market will soon start to pay attention to the positive impacts brought by Fusaka. It can be said that Fusaka is an undervalued catalyst and one of the reasons why Ethereum may lead a rebound in cryptocurrencies.