Ethereum (ETH) &#273;&atilde; c&oacute; l&uacute;c gi&#7843;m xu&#7889;ng g&#7847;n 2,870 USD v&agrave;o ng&agrave;y 19/11/2025, &#273;i&#7875;m th&#7845;p nh&#7845;t k&#7875; t&#7915; th&aacute;ng 07/2025, sau khi bi&ecirc;n b&#7843;n h&#7885;p c&#7911;a C&#7909;c D&#7921; tr&#7919; Li&ecirc;n bang M&#7929; (Fed) g&acirc;y ra s&#7921; kh&ocirc;ng ch&#7855;c ch&#7855;n cho th&#7883; tr&#432;&#7901;ng.
M&#7863;c d&ugrave; c&oacute; s&#7921; &#273;i&#7873;u ch&#7881;nh, c&aacute;c ch&#7881; s&#7889; tr&ecirc;n chu&#7895;i v&agrave; c&aacute;c ph&acirc;n t&iacute;ch cho th&#7845;y ti&#7873;n &#273;i&#7879;n t&#7917; l&#7899;n th&#7913; hai n&agrave;y c&oacute; th&#7875; &#273;ang h&igrave;nh th&agrave;nh m&#7897;t &#273;&aacute;y ti&#7873;m n&#259;ng.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-federal-reserve-minutes-ignite-market-volatility">Bi&ecirc;n b&#7843;n h&#7885;p Fed khi&#7871;n th&#7883; tr&#432;&#7901;ng bi&#7871;n &#273;&#7897;ng</h2>

S&#7921; gi&#7843;m m&#7841;nh c&#7911;a Ethereum &#273;&#432;&#7907;c k&iacute;ch ho&#7841;t b&#7903;i <a href="https://vn.beincrypto.com/fed-minutes-reveal-december-rate-cut-on-a-knifes-edge-as-bitcoin-slips-below-89000/" target="_blank" rel="noreferrer noopener">bi&ecirc;n b&#7843;n cu&#7897;c h&#7885;p c&#7911;a Fed ng&agrave;y 28-29/10</a>. N&oacute; &#273;&atilde; t&#7841;o ra s&#7921; kh&ocirc;ng ch&#7855;c ch&#7855;n l&#7899;n v&#7873; ch&iacute;nh s&aacute;ch trong th&aacute;ng 12.
T&agrave;i li&#7879;u cho th&#7845;y &#273;a s&#7889; nh&#7887; c&aacute;c quan ch&#7913;c Fed <a href="https://vn.beincrypto.com/december-fed-rate-cut-odds-drop-below-50/" target="_blank" rel="noreferrer noopener">ph&#7843;n &#273;&#7889;i vi&#7879;c c&#7855;t gi&#7843;m l&atilde;i su&#7845;t trong th&aacute;ng 12,</a> trong khi m&#7897;t s&#7889; kh&aacute;c cho r&#7857;ng n&oacute; &ldquo;c&oacute; th&#7875; l&agrave; th&iacute;ch h&#7907;p&rdquo;.
L&#7853;p tr&#432;&#7901;ng ph&acirc;n h&oacute;a n&agrave;y &#273;&atilde; g&acirc;y ra s&#7921; bi&#7871;n &#273;&#7897;ng tr&ecirc;n c&#7843; th&#7883; tr&#432;&#7901;ng truy&#7873;n th&#7889;ng v&agrave; th&#7883; tr&#432;&#7901;ng ti&#7873;n &#273;i&#7879;n t&#7917;. Bitcoin gi&#7843;m xu&#7889;ng m&#7913;c th&#7845;p nh&#7845;t trong b&#7843;y th&aacute;ng v&agrave; Ethereum &#273;&#7841;t g&#7847;n 2,870 USD.
<img style="height:400px;width:640px;" decoding="async" alt="Ethereum (ETH) Price Performance" class="wp-image-775109 lazy" loading="lazy" src="https://assets.beincrypto.com/img/ZU-zERVu69KSuIdTat5Obzv6eoQ=/smart/35ee04ed26614e2fbadc0b3d4ccc80d6">Gi&aacute; Ethereum (ETH). Ngu&#7891;n: <a href="https://beincrypto.com/price/ethereum/" target="_blank" rel="noreferrer noopener">BeInCrypto Markets</a>

T&#7841;i th&#7901;i &#273;i&#7875;m vi&#7871;t b&agrave;i, gi&aacute; &#273;&atilde;<a href="https://vn.beincrypto.com/ethereum-price-crashes-repeats-history/" target="_blank" rel="noreferrer noopener"> h&#7891;i ph&#7909;c l&ecirc;n 3,036 USD</a>. Tuy v&#7851;n gi&#7843;m 1.13% trong ng&agrave;y v&#7915;a qua, nh&#432;ng c&oacute; th&#7875; t&igrave;nh tr&#7841;ng x&#7845;u nh&#7845;t &#273;&atilde; qua &#273;&#7889;i v&#7899;i coin n&agrave;y.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-on-chain-data-highlights-strong-2-800-support">D&#7919; li&#7879;u On-Chain cho th&#7845;y h&#7895; tr&#7907; m&#7841;nh m&#7869; &#7903; m&#7913;c 2,800 USD</h2>

Ph&acirc;n t&iacute;ch t&#7915; m&#7897;t nh&agrave; ph&acirc;n t&iacute;ch ch&#7881; ra khu v&#7921;c 2,800 USD l&agrave; h&#7895; tr&#7907; m&#7841;nh tr&ecirc;n chu&#7895;i. M&#7913;c n&agrave;y ph&ugrave; h&#7907;p v&#7899;i c&aacute;c c&#7909;m gi&aacute; &#273;&atilde; th&#7921;c hi&#7879;n cho c&#7843; nh&agrave; &#273;&#7847;u t&#432; nh&#7887; l&#7867; v&agrave; &ldquo;c&aacute; voi&rdquo;, th&#432;&#7901;ng l&agrave; d&#7845;u hi&#7879;u c&#7911;a nh&#7919;ng &#273;&aacute;y th&#7883; tr&#432;&#7901;ng tr&#432;&#7899;c &#273;&acirc;y.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;L&#7883;ch s&#7917; cho th&#7845;y m&#7913;c gi&aacute; &#273;&atilde; th&#7921;c hi&#7879;n th&#432;&#7901;ng &#273;&aacute;nh d&#7845;u c&aacute;c &#273;&aacute;y c&#7911;a chu k&#7923;, g&#7907;i &yacute; r&#7857;ng ph&#7841;m vi n&agrave;y c&oacute; th&#7875; m&#7897;t l&#7847;n n&#7919;a t&#7841;o n&#7873;n t&#7843;ng cho m&#7897;t &#273;&#7907;t ph&#7909;c h&#7891;i ng&#7855;n h&#7841;n,&rdquo; m&#7897;t nh&agrave; ph&acirc;n t&iacute;ch <a href="https://cryptoquant.com/insights/quicktake/691e680b84244e57ffb301c4-ETH-28K-as-a-Key-On-Chain-Support-Level-Signals-Potential-Rebound" target="_blank" rel="noreferrer noopener nofollow">vi&#7871;t</a>.
</blockquote>

Ph&acirc;n t&iacute;ch c&#361;ng ti&#7871;t l&#7897; r&#7857;ng nh&agrave; &#273;&#7847;u t&#432; nh&#7887; l&#7867; &#273;ang b&aacute;n, trong khi &ldquo;c&aacute; voi&rdquo; n&#7855;m gi&#7919; h&#417;n 10,000 ETH &#273;ang mua. &#272;i&#7873;u n&agrave;y th&#432;&#7901;ng cho th&#7845;y s&#7921; ph&acirc;n ph&#7889;i l&#7841;i l&agrave;nh m&#7841;nh.
Th&ecirc;m v&agrave;o &#273;&oacute;, l&#432;&#7907;ng thanh l&yacute; d&agrave;i h&#7841;n b&#7855;t bu&#7897;c &#273;ang gi&#7843;m, &#273;i&#7873;u n&agrave;y c&oacute; ngh&#297;a &aacute;p l&#7921;c b&aacute;n b&#7855;t bu&#7897;c c&#361;ng gi&#7843;m. &#272;&#7891;ng th&#7901;i, nhi&#7873;u nh&agrave; giao d&#7883;ch &#273;ang m&#7903; v&#7883; th&#7871; b&aacute;n kh&#7889;ng h&#417;n.
&#272;i&#7873;u n&agrave;y t&#259;ng c&#417; h&#7897;i cho m&#7897;t c&uacute; &ldquo;short squeeze&rdquo; &ndash; m&#7897;t &#273;&#7907;t t&#259;ng gi&aacute; nhanh n&#7871;u gi&aacute; b&#7853;t l&ecirc;n v&agrave; v&#7883; th&#7871; b&aacute;n kh&#7889;ng b&#7883; thanh l&yacute; trong th&#7883; tr&#432;&#7901;ng thanh kho&#7843;n th&#7845;p.
C&aacute;c nh&agrave; ph&acirc;n t&iacute;ch k&#7929; thu&#7853;t c&#361;ng c&acirc;n nh&#7855;c v&#7873; m&#7913;c h&#7895; tr&#7907; n&agrave;y. M&#7897;t nh&agrave; giao d&#7883;ch &#273;&atilde; <a href="https://x.com/inmortalcrypto/status/1991227095670808862" target="_blank" rel="noreferrer noopener nofollow">&#273;&aacute;nh d&#7845;u</a> m&#7913;c 2,800 USD l&agrave; khu v&#7921;c quan tr&#7885;ng cho vi&#7879;c h&igrave;nh th&agrave;nh &#273;&aacute;y.
Nh&agrave; ph&acirc;n t&iacute;ch Matt Hughes c&#361;ng l&#432;u &yacute; r&#7857;ng s&#7921; gi&#7843;m gi&aacute; c&#7911;a Ethereum xu&#7889;ng kho&#7843;ng 2,870 USD &#273;&#7841;i di&#7879;n cho &#273;i&#7875;m gi&#7919;a gi&#7919;a &#273;&#7881;nh th&#7883; tr&#432;&#7901;ng n&#259;m 2021 v&agrave; &#273;&aacute;y n&#259;m 2022 c&#7911;a n&oacute;. D&ugrave; c&oacute; s&#7921; &#273;i&#7873;u ch&#7881;nh, &ocirc;ng cho r&#7857;ng &#273;&#7897;ng th&aacute;i n&agrave;y v&#7851;n n&#7857;m trong ph&#7841;m vi dao &#273;&#7897;ng b&igrave;nh th&#432;&#7901;ng c&#7911;a th&#7883; tr&#432;&#7901;ng ti&#7873;n &#273;i&#7879;n t&#7917;.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;N&#7871;u b&#7841;n kh&aacute;ch quan th&igrave; &#273;&acirc;y v&#7851;n ch&#7881; l&agrave; bi&#7871;n &#273;&#7897;ng b&igrave;nh th&#432;&#7901;ng trong ti&#7873;n &#273;i&#7879;n t&#7917; v&agrave; &#273;&uacute;ng, n&oacute; v&#7851;n l&agrave; m&#7897;t b&agrave;i ki&#7875;m tra l&#7841;i t&iacute;ch c&#7921;c,&rdquo; Hughes <a href="https://x.com/matthughes13/status/1991241307763728826" target="_blank" rel="noreferrer noopener nofollow">n&oacute;i</a>.
</blockquote>

<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-liquidity-reset-and-market-bottoming-patterns">Thi&#7871;t l&#7853;p thanh kho&#7843;n v&agrave; m&ocirc; h&igrave;nh t&#7841;o &#273;&aacute;y th&#7883; tr&#432;&#7901;ng</h2>

Altcoin Vector cung c&#7845;p th&ecirc;m b&#7889;i c&#7843;nh b&#7857;ng c&aacute;ch xem x&eacute;t c&aacute;c xu h&#432;&#7899;ng thanh kho&#7843;n c&#7911;a Ethereum. C&aacute;c m&ocirc; h&igrave;nh l&#7883;ch s&#7917; cho th&#7845;y khi thanh kho&#7843;n c&#7911;a ETH &#273;&#432;&#7907;c &#273;&#7863;t l&#7841;i ho&agrave;n to&agrave;n, n&oacute; th&#432;&#7901;ng b&aacute;o tr&#432;&#7899;c m&#7897;t giai &#273;o&#7841;n t&#7841;o &#273;&aacute;y k&eacute;o d&agrave;i nhi&#7873;u tu&#7847;n thay v&igrave; s&#7921; ph&aacute; v&#7905;.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
ETH v&#7915;a l&#7863;p l&#7841;i s&#7921; ki&#7879;n thanh kho&#7843;n t&#432;&#417;ng t&#7921; &#273;&atilde; &#273;&aacute;nh d&#7845;u hai &#273;&aacute;y ch&iacute;nh tr&#432;&#7899;c &#273;&oacute;, g&#7847;n nh&#432; &#273;&#7871;n tu&#7847;n. M&#7885;i s&#7921; &#273;&#7843;o chi&#7873;u ch&iacute;nh c&#7911;a ETH b&#7855;t &#273;&#7847;u b&#7857;ng m&#7897;t l&#7847;n &#273;&#7863;t l&#7841;i thanh kho&#7843;n &#273;&#7847;y &#273;&#7911;,&rdquo; Milk Road <a href="https://x.com/MilkRoad/status/1991170623528395113" target="_blank" rel="noreferrer noopener nofollow">&#273;&atilde; th&ecirc;m.</a>
</blockquote>

<img style="height:400px;width:640px;" decoding="async" alt="Bi&#7875;u &#273;&#7891; ch&#7881; s&#7889; thanh kho&#7843;n ETH cho th&#7845;y m&ocirc; h&igrave;nh &#273;&#7863;t l&#7841;i" class="wp-image-775066 lazy" loading="lazy" src="https://assets.beincrypto.com/img/4oETFDuSPSebPHTEIZNh_Te-uRs=/smart/1db713437c134a939388fb213c1c7161">Ch&#7881; s&#7889; Thanh kho&#7843;n ETH Ch&#7881; ra M&#7913;c &#272;&#7863;t L&#7841;i Ho&agrave;n To&agrave;n t&#7841;i M&#7913;c Hi&#7879;n T&#7841;i. Ngu&#7891;n: <a href="https://x.com/altcoinvector/status/1990511425643782167" target="_blank" rel="noreferrer noopener nofollow">X/Altcoin Vector</a>

C&#7917;a s&#7893; &ldquo;&#273;i&#7873;u ch&#7881;nh/t&#7841;o &#273;&aacute;y&rdquo; n&agrave;y d&#7921; ki&#7871;n s&#7869; v&#7851;n m&#7903; mi&#7877;n l&agrave; thanh kho&#7843;n t&#7915; t&#7915; &#273;&#432;&#7907;c t&aacute;i thi&#7871;t. N&#7871;u n&oacute; tr&#7903; l&#7841;i trong nh&#7919;ng tu&#7847;n t&#7899;i, Ethereum c&oacute; th&#7875; &#273;&#432;&#7907;c &#273;&#7883;nh v&#7883; cho ch&acirc;n m&#7903; r&#7897;ng ti&#7871;p theo c&#7911;a n&oacute;.
Tuy nhi&ecirc;n, Altcoin Vector c&#7843;nh b&aacute;o r&#7857;ng s&#7921; h&#7891;i ph&#7909;c thanh kho&#7843;n b&#7883; tr&igrave; ho&atilde;n l&agrave;m t&#259;ng nguy c&#417; tr&igrave; tr&#7879; k&eacute;o d&agrave;i, khi&#7871;n c&#7845;u tr&uacute;c th&#7883; tr&#432;&#7901;ng c&#7911;a t&agrave;i s&#7843;n tr&#7903; n&ecirc;n d&#7877; b&#7883; t&#7893;n th&#432;&#417;ng h&#417;n.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-institutional-accumulation-and-network-fundamentals">S&#7921; t&iacute;ch l&#361;y c&#7911;a t&#7893; ch&#7913;c v&agrave; c&aacute;c y&#7871;u t&#7889; c&#417; b&#7843;n c&#7911;a m&#7841;ng l&#432;&#7899;i</h2>

D&ugrave; gi&aacute; c&oacute; bi&#7871;n &#273;&#7897;ng th&#7871; n&agrave;o, c&aacute;c y&#7871;u t&#7889; c&#417; b&#7843;n c&#7911;a m&#7841;ng v&#7851;n m&#7841;nh m&#7869;. <a href="https://beincrypto.com/learn/crypto-staking/" target="_blank" rel="noreferrer noopener">Staking ETH &#273;&#7841;t m&#7913;c cao k&#7927; l&#7909;c</a> v&agrave;o th&aacute;ng 11/2025, v&#7899;i h&#417;n 33 tri&#7879;u token hi&#7879;n &#273;ang b&#7883; kh&oacute;a.
Milk Road nh&#7853;n th&#7845;y r&#7857;ng m&#7863;c d&ugrave; t&acirc;m l&yacute; y&#7871;u, nh&#432;ng m&#7913;c &#273;&#7897; ETH staking cao cho th&#7845;y ni&#7873;m tin v&#7919;ng ch&#7855;c d&agrave;i h&#7841;n v&agrave;o m&#7841;ng l&#432;&#7899;i.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;Vi&#7879;c staking ETH v&#7915;a &#273;&#7841;t m&#7913;c cao nh&#7845;t m&#7885;i th&#7901;i &#273;&#7841;i&hellip; m&#7897;t l&#7847;n n&#7919;a. Gi&aacute; c&#7843; bi&#7871;n &#273;&#7897;ng ph&#7913;c t&#7841;p, t&acirc;m l&yacute; c&agrave;ng t&#7879; h&#417;n. Nh&#432;ng &#273;i&#7873;u duy nh&#7845;t kh&ocirc;ng thay &#273;&#7893;i l&agrave; s&#7889; l&#432;&#7907;ng ETH m&agrave; m&#7885;i ng&#432;&#7901;i s&#7861;n s&agrave;ng kh&oacute;a l&#7841;i trong nhi&#7873;u n&#259;m,&rdquo; theo <a href="https://x.com/MilkRoad/status/1991212409042993209" target="_blank" rel="noreferrer noopener nofollow">b&agrave;i &#273;&#259;ng n&agrave;y</a>.
</blockquote>

&#272;&#7891;ng th&#7901;i, vi&#7879;c t&iacute;ch l&#361;y t&#7915; c&aacute;c t&#7893; ch&#7913;c &#273;ang ng&agrave;y c&agrave;ng t&#259;ng t&#7889;c.
S&#7921; quan t&acirc;m t&#7915; c&aacute;c c&ocirc;ng ty gi&#7901; &#273;&acirc;y v&#432;&#7907;t qua vi&#7879;c ch&#7881; mua ETH tr&ecirc;n th&#7883; tr&#432;&#7901;ng m&#7903;. <a href="https://vn.beincrypto.com/ethereum-etf-staking-sec-approval-challenges/" target="_blank" rel="noreferrer noopener">BlackRock c&#361;ng &#273;ang ti&#7871;n tri&#7875;n</a> v&#7899;i qu&#7929; iShares Staked Ethereum Trust ETF c&#7911;a m&igrave;nh.
Di&#7877;n bi&#7871;n n&agrave;y c&oacute; th&#7875; l&agrave;m gia t&#259;ng nhu c&#7847;u d&agrave;i h&#7841;n v&agrave; th&#7875; hi&#7879;n s&#7921; <a href="https://beincrypto.com/learn/is-ethereum-good-investment-explained/" target="_blank" rel="noreferrer noopener">cam k&#7871;t s&acirc;u s&#7855;c h&#417;n c&#7911;a t&#7893; ch&#7913;c &#273;&#7871;n h&#7879; sinh th&aacute;i Ethereum</a>. H&#417;n n&#7919;a, d&#7921; tr&#7919; tr&ecirc;n s&agrave;n giao d&#7883;ch &#273;&atilde; gi&#7843;m h&#417;n 1 tri&#7879;u ETH trong v&agrave;i th&aacute;ng qua.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;&#272;&acirc;y l&agrave; c&uacute; s&#7889;c cung &acirc;m th&#7847;m kh&ocirc;ng bao gi&#7901; tr&ocirc;ng l&#7841;c quan&hellip; cho &#273;&#7871;n khi bi&#7875;u &#273;&#7891; b&#7845;t ng&#7901; b&#7855;t k&#7883;p. ETH &#273;ang &#273;&#432;&#7907;c t&iacute;ch l&#361;y m&#7897;t c&aacute;ch m&#7841;nh m&#7869;!&rdquo; m&#7897;t nh&agrave; ph&acirc;n t&iacute;ch &#273;&atilde; <a href="https://x.com/0xNonceSense/status/1991149885534695554" target="_blank" rel="noreferrer noopener nofollow">nh&#7853;n x&eacute;t</a>.
</blockquote>

S&#7921; h&#7897;i t&#7909; c&#7911;a c&aacute;c t&iacute;n hi&#7879;u tr&ecirc;n chu&#7895;i, s&#7921; t&iacute;ch l&#361;y c&#7911;a c&aacute; voi, tr&#7919; l&#432;&#7907;ng tr&ecirc;n s&agrave;n giao d&#7883;ch gi&#7843;m v&agrave; staking &#273;&#7841;t k&#7927; l&#7909;c t&#7841;o ra m&#7897;t b&#7913;c tranh t&iacute;ch c&#7921;c cho Ethereum. Li&#7879;u &#273;&#7891;ng coin n&agrave;y c&oacute; th&#7875; ti&#7871;n t&#7899;i s&#7921; ph&#7909;c h&#7891;i b&#7873;n v&#7919;ng hay kh&ocirc;ng s&#7869; ph&#7909; thu&#7897;c v&agrave;o c&aacute;c y&#7871;u t&#7889; kinh t&#7871; v&#297; m&ocirc; ti&#7873;m n&#259;ng v&agrave; <a href="https://vn.beincrypto.com/ethereum-market-downturn-liquidation-event/" target="_blank" rel="noreferrer noopener">t&igrave;nh tr&#7841;ng th&#7883; tr&#432;&#7901;ng t&#7893;ng th&#7875;.</a>

Tại sao Ethereum có thể đã thành công tạo đáy tại vùng hỗ trợ 2,800 USD

Ethereum (ETH) &#273;&atilde; c&oacute; l&uacute;c gi&#7843;m xu&#7889;ng g&#7847;n 2,870 USD v&agrave;o ng&agrave;y 19/11/2025, &#273;i&#7875;m th&#7845;p nh&#7845;t k&#7875; t&#7915; th&aacute;ng 07/2025, sau khi bi&ecirc;n b&#7843;n h&#7885;p c&#7911;a C&#7909;c D&#7921; tr&#7919; Li&ecirc;n bang M&#7929; (Fed) g&acirc;y ra s&#7921; kh&ocirc;ng ch&#7855;c ch&#7855;n cho th&#7883; tr&#432;&#7901;ng.
M&#7863;c d&ugrave; c&oacute; s&#7921; &#273;i&#7873;u ch&#7881;nh, c&aacute;c ch&#7881; s&#7889; tr&ecirc;n chu&#7895;i v&agrave; c&aacute;c ph&acirc;n t&iacute;ch cho th&#7845;y ti&#7873;n &#273;i&#7879;n t&#7917; l&#7899;n th&#7913; hai n&agrave;y c&oacute; th&#7875; &#273;ang h&igrave;nh th&agrave;nh m&#7897;t &#273;&aacute;y ti&#7873;m n&#259;ng.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-federal-reserve-minutes-ignite-market-volatility">Bi&ecirc;n b&#7843;n h&#7885;p Fed khi&#7871;n th&#7883; tr&#432;&#7901;ng bi&#7871;n &#273;&#7897;ng</h2>

S&#7921; gi&#7843;m m&#7841;nh c&#7911;a Ethereum &#273;&#432;&#7907;c k&iacute;ch ho&#7841;t b&#7903;i <a href="https://vn.beincrypto.com/fed-minutes-reveal-december-rate-cut-on-a-knifes-edge-as-bitcoin-slips-below-89000/" target="_blank" rel="noreferrer noopener">bi&ecirc;n b&#7843;n cu&#7897;c h&#7885;p c&#7911;a Fed ng&agrave;y 28-29/10</a>. N&oacute; &#273;&atilde; t&#7841;o ra s&#7921; kh&ocirc;ng ch&#7855;c ch&#7855;n l&#7899;n v&#7873; ch&iacute;nh s&aacute;ch trong th&aacute;ng 12.
T&agrave;i li&#7879;u cho th&#7845;y &#273;a s&#7889; nh&#7887; c&aacute;c quan ch&#7913;c Fed <a href="https://vn.beincrypto.com/december-fed-rate-cut-odds-drop-below-50/" target="_blank" rel="noreferrer noopener">ph&#7843;n &#273;&#7889;i vi&#7879;c c&#7855;t gi&#7843;m l&atilde;i su&#7845;t trong th&aacute;ng 12,</a> trong khi m&#7897;t s&#7889; kh&aacute;c cho r&#7857;ng n&oacute; &ldquo;c&oacute; th&#7875; l&agrave; th&iacute;ch h&#7907;p&rdquo;.
L&#7853;p tr&#432;&#7901;ng ph&acirc;n h&oacute;a n&agrave;y &#273;&atilde; g&acirc;y ra s&#7921; bi&#7871;n &#273;&#7897;ng tr&ecirc;n c&#7843; th&#7883; tr&#432;&#7901;ng truy&#7873;n th&#7889;ng v&agrave; th&#7883; tr&#432;&#7901;ng ti&#7873;n &#273;i&#7879;n t&#7917;. Bitcoin gi&#7843;m xu&#7889;ng m&#7913;c th&#7845;p nh&#7845;t trong b&#7843;y th&aacute;ng v&agrave; Ethereum &#273;&#7841;t g&#7847;n 2,870 USD.
<img style="height:400px;width:640px;"decoding="async" alt="Ethereum (ETH) Price Performance" class="wp-image-775109 lazy" loading="lazy" src="https://assets.beincrypto.com/img/ZU-zERVu69KSuIdTat5Obzv6eoQ=/smart/35ee04ed26614e2fbadc0b3d4ccc80d6">Gi&aacute; Ethereum (ETH). Ngu&#7891;n: <a href="https://beincrypto.com/price/ethereum/" target="_blank" rel="noreferrer noopener">BeInCrypto Markets</a>

T&#7841;i th&#7901;i &#273;i&#7875;m vi&#7871;t b&agrave;i, gi&aacute; &#273;&atilde;<a href="https://vn.beincrypto.com/ethereum-price-crashes-repeats-history/" target="_blank" rel="noreferrer noopener"> h&#7891;i ph&#7909;c l&ecirc;n 3,036 USD</a>. Tuy v&#7851;n gi&#7843;m 1.13% trong ng&agrave;y v&#7915;a qua, nh&#432;ng c&oacute; th&#7875; t&igrave;nh tr&#7841;ng x&#7845;u nh&#7845;t &#273;&atilde; qua &#273;&#7889;i v&#7899;i coin n&agrave;y.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-on-chain-data-highlights-strong-2-800-support">D&#7919; li&#7879;u On-Chain cho th&#7845;y h&#7895; tr&#7907; m&#7841;nh m&#7869; &#7903; m&#7913;c 2,800 USD</h2>

Ph&acirc;n t&iacute;ch t&#7915; m&#7897;t nh&agrave; ph&acirc;n t&iacute;ch ch&#7881; ra khu v&#7921;c 2,800 USD l&agrave; h&#7895; tr&#7907; m&#7841;nh tr&ecirc;n chu&#7895;i. M&#7913;c n&agrave;y ph&ugrave; h&#7907;p v&#7899;i c&aacute;c c&#7909;m gi&aacute; &#273;&atilde; th&#7921;c hi&#7879;n cho c&#7843; nh&agrave; &#273;&#7847;u t&#432; nh&#7887; l&#7867; v&agrave; &ldquo;c&aacute; voi&rdquo;, th&#432;&#7901;ng l&agrave; d&#7845;u hi&#7879;u c&#7911;a nh&#7919;ng &#273;&aacute;y th&#7883; tr&#432;&#7901;ng tr&#432;&#7899;c &#273;&acirc;y.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;L&#7883;ch s&#7917; cho th&#7845;y m&#7913;c gi&aacute; &#273;&atilde; th&#7921;c hi&#7879;n th&#432;&#7901;ng &#273;&aacute;nh d&#7845;u c&aacute;c &#273;&aacute;y c&#7911;a chu k&#7923;, g&#7907;i &yacute; r&#7857;ng ph&#7841;m vi n&agrave;y c&oacute; th&#7875; m&#7897;t l&#7847;n n&#7919;a t&#7841;o n&#7873;n t&#7843;ng cho m&#7897;t &#273;&#7907;t ph&#7909;c h&#7891;i ng&#7855;n h&#7841;n,&rdquo; m&#7897;t nh&agrave; ph&acirc;n t&iacute;ch <a href="https://cryptoquant.com/insights/quicktake/691e680b84244e57ffb301c4-ETH-28K-as-a-Key-On-Chain-Support-Level-Signals-Potential-Rebound" target="_blank" rel="noreferrer noopener nofollow">vi&#7871;t</a>.
</blockquote>

Ph&acirc;n t&iacute;ch c&#361;ng ti&#7871;t l&#7897; r&#7857;ng nh&agrave; &#273;&#7847;u t&#432; nh&#7887; l&#7867; &#273;ang b&aacute;n, trong khi &ldquo;c&aacute; voi&rdquo; n&#7855;m gi&#7919; h&#417;n 10,000 ETH &#273;ang mua. &#272;i&#7873;u n&agrave;y th&#432;&#7901;ng cho th&#7845;y s&#7921; ph&acirc;n ph&#7889;i l&#7841;i l&agrave;nh m&#7841;nh.
Th&ecirc;m v&agrave;o &#273;&oacute;, l&#432;&#7907;ng thanh l&yacute; d&agrave;i h&#7841;n b&#7855;t bu&#7897;c &#273;ang gi&#7843;m, &#273;i&#7873;u n&agrave;y c&oacute; ngh&#297;a &aacute;p l&#7921;c b&aacute;n b&#7855;t bu&#7897;c c&#361;ng gi&#7843;m. &#272;&#7891;ng th&#7901;i, nhi&#7873;u nh&agrave; giao d&#7883;ch &#273;ang m&#7903; v&#7883; th&#7871; b&aacute;n kh&#7889;ng h&#417;n.
&#272;i&#7873;u n&agrave;y t&#259;ng c&#417; h&#7897;i cho m&#7897;t c&uacute; &ldquo;short squeeze&rdquo; &ndash; m&#7897;t &#273;&#7907;t t&#259;ng gi&aacute; nhanh n&#7871;u gi&aacute; b&#7853;t l&ecirc;n v&agrave; v&#7883; th&#7871; b&aacute;n kh&#7889;ng b&#7883; thanh l&yacute; trong th&#7883; tr&#432;&#7901;ng thanh kho&#7843;n th&#7845;p.
C&aacute;c nh&agrave; ph&acirc;n t&iacute;ch k&#7929; thu&#7853;t c&#361;ng c&acirc;n nh&#7855;c v&#7873; m&#7913;c h&#7895; tr&#7907; n&agrave;y. M&#7897;t nh&agrave; giao d&#7883;ch &#273;&atilde; <a href="https://x.com/inmortalcrypto/status/1991227095670808862" target="_blank" rel="noreferrer noopener nofollow">&#273;&aacute;nh d&#7845;u</a> m&#7913;c 2,800 USD l&agrave; khu v&#7921;c quan tr&#7885;ng cho vi&#7879;c h&igrave;nh th&agrave;nh &#273;&aacute;y.
Nh&agrave; ph&acirc;n t&iacute;ch Matt Hughes c&#361;ng l&#432;u &yacute; r&#7857;ng s&#7921; gi&#7843;m gi&aacute; c&#7911;a Ethereum xu&#7889;ng kho&#7843;ng 2,870 USD &#273;&#7841;i di&#7879;n cho &#273;i&#7875;m gi&#7919;a gi&#7919;a &#273;&#7881;nh th&#7883; tr&#432;&#7901;ng n&#259;m 2021 v&agrave; &#273;&aacute;y n&#259;m 2022 c&#7911;a n&oacute;. D&ugrave; c&oacute; s&#7921; &#273;i&#7873;u ch&#7881;nh, &ocirc;ng cho r&#7857;ng &#273;&#7897;ng th&aacute;i n&agrave;y v&#7851;n n&#7857;m trong ph&#7841;m vi dao &#273;&#7897;ng b&igrave;nh th&#432;&#7901;ng c&#7911;a th&#7883; tr&#432;&#7901;ng ti&#7873;n &#273;i&#7879;n t&#7917;.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;N&#7871;u b&#7841;n kh&aacute;ch quan th&igrave; &#273;&acirc;y v&#7851;n ch&#7881; l&agrave; bi&#7871;n &#273;&#7897;ng b&igrave;nh th&#432;&#7901;ng trong ti&#7873;n &#273;i&#7879;n t&#7917; v&agrave; &#273;&uacute;ng, n&oacute; v&#7851;n l&agrave; m&#7897;t b&agrave;i ki&#7875;m tra l&#7841;i t&iacute;ch c&#7921;c,&rdquo; Hughes <a href="https://x.com/matthughes13/status/1991241307763728826" target="_blank" rel="noreferrer noopener nofollow">n&oacute;i</a>.
</blockquote>

<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-liquidity-reset-and-market-bottoming-patterns">Thi&#7871;t l&#7853;p thanh kho&#7843;n v&agrave; m&ocirc; h&igrave;nh t&#7841;o &#273;&aacute;y th&#7883; tr&#432;&#7901;ng</h2>

Altcoin Vector cung c&#7845;p th&ecirc;m b&#7889;i c&#7843;nh b&#7857;ng c&aacute;ch xem x&eacute;t c&aacute;c xu h&#432;&#7899;ng thanh kho&#7843;n c&#7911;a Ethereum. C&aacute;c m&ocirc; h&igrave;nh l&#7883;ch s&#7917; cho th&#7845;y khi thanh kho&#7843;n c&#7911;a ETH &#273;&#432;&#7907;c &#273;&#7863;t l&#7841;i ho&agrave;n to&agrave;n, n&oacute; th&#432;&#7901;ng b&aacute;o tr&#432;&#7899;c m&#7897;t giai &#273;o&#7841;n t&#7841;o &#273;&aacute;y k&eacute;o d&agrave;i nhi&#7873;u tu&#7847;n thay v&igrave; s&#7921; ph&aacute; v&#7905;.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
ETH v&#7915;a l&#7863;p l&#7841;i s&#7921; ki&#7879;n thanh kho&#7843;n t&#432;&#417;ng t&#7921; &#273;&atilde; &#273;&aacute;nh d&#7845;u hai &#273;&aacute;y ch&iacute;nh tr&#432;&#7899;c &#273;&oacute;, g&#7847;n nh&#432; &#273;&#7871;n tu&#7847;n. M&#7885;i s&#7921; &#273;&#7843;o chi&#7873;u ch&iacute;nh c&#7911;a ETH b&#7855;t &#273;&#7847;u b&#7857;ng m&#7897;t l&#7847;n &#273;&#7863;t l&#7841;i thanh kho&#7843;n &#273;&#7847;y &#273;&#7911;,&rdquo; Milk Road <a href="https://x.com/MilkRoad/status/1991170623528395113" target="_blank" rel="noreferrer noopener nofollow">&#273;&atilde; th&ecirc;m.</a>
</blockquote>

<img style="height:400px;width:640px;"decoding="async" alt="Bi&#7875;u &#273;&#7891; ch&#7881; s&#7889; thanh kho&#7843;n ETH cho th&#7845;y m&ocirc; h&igrave;nh &#273;&#7863;t l&#7841;i" class="wp-image-775066 lazy" loading="lazy" src="https://assets.beincrypto.com/img/4oETFDuSPSebPHTEIZNh_Te-uRs=/smart/1db713437c134a939388fb213c1c7161">Ch&#7881; s&#7889; Thanh kho&#7843;n ETH Ch&#7881; ra M&#7913;c &#272;&#7863;t L&#7841;i Ho&agrave;n To&agrave;n t&#7841;i M&#7913;c Hi&#7879;n T&#7841;i. Ngu&#7891;n: <a href="https://x.com/altcoinvector/status/1990511425643782167" target="_blank" rel="noreferrer noopener nofollow">X/Altcoin Vector</a>

C&#7917;a s&#7893; &ldquo;&#273;i&#7873;u ch&#7881;nh/t&#7841;o &#273;&aacute;y&rdquo; n&agrave;y d&#7921; ki&#7871;n s&#7869; v&#7851;n m&#7903; mi&#7877;n l&agrave; thanh kho&#7843;n t&#7915; t&#7915; &#273;&#432;&#7907;c t&aacute;i thi&#7871;t. N&#7871;u n&oacute; tr&#7903; l&#7841;i trong nh&#7919;ng tu&#7847;n t&#7899;i, Ethereum c&oacute; th&#7875; &#273;&#432;&#7907;c &#273;&#7883;nh v&#7883; cho ch&acirc;n m&#7903; r&#7897;ng ti&#7871;p theo c&#7911;a n&oacute;.
Tuy nhi&ecirc;n, Altcoin Vector c&#7843;nh b&aacute;o r&#7857;ng s&#7921; h&#7891;i ph&#7909;c thanh kho&#7843;n b&#7883; tr&igrave; ho&atilde;n l&agrave;m t&#259;ng nguy c&#417; tr&igrave; tr&#7879; k&eacute;o d&agrave;i, khi&#7871;n c&#7845;u tr&uacute;c th&#7883; tr&#432;&#7901;ng c&#7911;a t&agrave;i s&#7843;n tr&#7903; n&ecirc;n d&#7877; b&#7883; t&#7893;n th&#432;&#417;ng h&#417;n.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-institutional-accumulation-and-network-fundamentals">S&#7921; t&iacute;ch l&#361;y c&#7911;a t&#7893; ch&#7913;c v&agrave; c&aacute;c y&#7871;u t&#7889; c&#417; b&#7843;n c&#7911;a m&#7841;ng l&#432;&#7899;i</h2>

D&ugrave; gi&aacute; c&oacute; bi&#7871;n &#273;&#7897;ng th&#7871; n&agrave;o, c&aacute;c y&#7871;u t&#7889; c&#417; b&#7843;n c&#7911;a m&#7841;ng v&#7851;n m&#7841;nh m&#7869;. <a href="https://beincrypto.com/learn/crypto-staking/" target="_blank" rel="noreferrer noopener">Staking ETH &#273;&#7841;t m&#7913;c cao k&#7927; l&#7909;c</a> v&agrave;o th&aacute;ng 11/2025, v&#7899;i h&#417;n 33 tri&#7879;u token hi&#7879;n &#273;ang b&#7883; kh&oacute;a.
Milk Road nh&#7853;n th&#7845;y r&#7857;ng m&#7863;c d&ugrave; t&acirc;m l&yacute; y&#7871;u, nh&#432;ng m&#7913;c &#273;&#7897; ETH staking cao cho th&#7845;y ni&#7873;m tin v&#7919;ng ch&#7855;c d&agrave;i h&#7841;n v&agrave;o m&#7841;ng l&#432;&#7899;i.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;Vi&#7879;c staking ETH v&#7915;a &#273;&#7841;t m&#7913;c cao nh&#7845;t m&#7885;i th&#7901;i &#273;&#7841;i&hellip; m&#7897;t l&#7847;n n&#7919;a. Gi&aacute; c&#7843; bi&#7871;n &#273;&#7897;ng ph&#7913;c t&#7841;p, t&acirc;m l&yacute; c&agrave;ng t&#7879; h&#417;n. Nh&#432;ng &#273;i&#7873;u duy nh&#7845;t kh&ocirc;ng thay &#273;&#7893;i l&agrave; s&#7889; l&#432;&#7907;ng ETH m&agrave; m&#7885;i ng&#432;&#7901;i s&#7861;n s&agrave;ng kh&oacute;a l&#7841;i trong nhi&#7873;u n&#259;m,&rdquo; theo <a href="https://x.com/MilkRoad/status/1991212409042993209" target="_blank" rel="noreferrer noopener nofollow">b&agrave;i &#273;&#259;ng n&agrave;y</a>.
</blockquote>

&#272;&#7891;ng th&#7901;i, vi&#7879;c t&iacute;ch l&#361;y t&#7915; c&aacute;c t&#7893; ch&#7913;c &#273;ang ng&agrave;y c&agrave;ng t&#259;ng t&#7889;c.
S&#7921; quan t&acirc;m t&#7915; c&aacute;c c&ocirc;ng ty gi&#7901; &#273;&acirc;y v&#432;&#7907;t qua vi&#7879;c ch&#7881; mua ETH tr&ecirc;n th&#7883; tr&#432;&#7901;ng m&#7903;. <a href="https://vn.beincrypto.com/ethereum-etf-staking-sec-approval-challenges/" target="_blank" rel="noreferrer noopener">BlackRock c&#361;ng &#273;ang ti&#7871;n tri&#7875;n</a> v&#7899;i qu&#7929; iShares Staked Ethereum Trust ETF c&#7911;a m&igrave;nh.
Di&#7877;n bi&#7871;n n&agrave;y c&oacute; th&#7875; l&agrave;m gia t&#259;ng nhu c&#7847;u d&agrave;i h&#7841;n v&agrave; th&#7875; hi&#7879;n s&#7921; <a href="https://beincrypto.com/learn/is-ethereum-good-investment-explained/" target="_blank" rel="noreferrer noopener">cam k&#7871;t s&acirc;u s&#7855;c h&#417;n c&#7911;a t&#7893; ch&#7913;c &#273;&#7871;n h&#7879; sinh th&aacute;i Ethereum</a>. H&#417;n n&#7919;a, d&#7921; tr&#7919; tr&ecirc;n s&agrave;n giao d&#7883;ch &#273;&atilde; gi&#7843;m h&#417;n 1 tri&#7879;u ETH trong v&agrave;i th&aacute;ng qua.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;&#272;&acirc;y l&agrave; c&uacute; s&#7889;c cung &acirc;m th&#7847;m kh&ocirc;ng bao gi&#7901; tr&ocirc;ng l&#7841;c quan&hellip; cho &#273;&#7871;n khi bi&#7875;u &#273;&#7891; b&#7845;t ng&#7901; b&#7855;t k&#7883;p. ETH &#273;ang &#273;&#432;&#7907;c t&iacute;ch l&#361;y m&#7897;t c&aacute;ch m&#7841;nh m&#7869;!&rdquo; m&#7897;t nh&agrave; ph&acirc;n t&iacute;ch &#273;&atilde; <a href="https://x.com/0xNonceSense/status/1991149885534695554" target="_blank" rel="noreferrer noopener nofollow">nh&#7853;n x&eacute;t</a>.
</blockquote>

S&#7921; h&#7897;i t&#7909; c&#7911;a c&aacute;c t&iacute;n hi&#7879;u tr&ecirc;n chu&#7895;i, s&#7921; t&iacute;ch l&#361;y c&#7911;a c&aacute; voi, tr&#7919; l&#432;&#7907;ng tr&ecirc;n s&agrave;n giao d&#7883;ch gi&#7843;m v&agrave; staking &#273;&#7841;t k&#7927; l&#7909;c t&#7841;o ra m&#7897;t b&#7913;c tranh t&iacute;ch c&#7921;c cho Ethereum. Li&#7879;u &#273;&#7891;ng coin n&agrave;y c&oacute; th&#7875; ti&#7871;n t&#7899;i s&#7921; ph&#7909;c h&#7891;i b&#7873;n v&#7919;ng hay kh&ocirc;ng s&#7869; ph&#7909; thu&#7897;c v&agrave;o c&aacute;c y&#7871;u t&#7889; kinh t&#7871; v&#297; m&ocirc; ti&#7873;m n&#259;ng v&agrave; <a href="https://vn.beincrypto.com/ethereum-market-downturn-liquidation-event/" target="_blank" rel="noreferrer noopener">t&igrave;nh tr&#7841;ng th&#7883; tr&#432;&#7901;ng t&#7893;ng th&#7875;.</a>