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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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#比特币价格走势分析# Seeing the recent trends in the Bitcoin market, I can't help but think of the ups and downs of the past. From the crazy rise in 2017 to the big dump in 2018, and now the current consolidation, Bitcoin has gone through a long cycle. It seems to be at a critical moment now, with the price lingering in a declining channel, but the overall trend is still upward. This reminds me of the situation at the end of 2016, when it also started a new round of rise after a long consolidation.
However, the current market environment is quite different. The entry of institutional investors has made the market more mature, but it has also brought new uncertainties. The performance of XRP and Ethereum is also worth paying attention to, as they may indicate the direction of the entire cryptocurrency market. XRP is currently facing strong resistance at 3.65 dollars, while Ethereum breaking 4200 dollars is an important signal.
Looking back at history, we have experienced too many ups and downs. Every bull market has people thinking "this time is different", but in the end, the market always teaches us a lesson. As someone who has gone through multiple cycles, I advise everyone to remain cautious and not to be blinded by short-term rises. At the same time, we should also maintain long-term confidence in this industry. After all, Bitcoin has repeatedly proven its resilience. Regardless of rises or falls, what matters is what we learn from it and how we apply those experiences to face future challenges.