WLabs瓜田实验室
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This is an incredible and rational analysis! The foundation of this 'bull market' is based on two points:
1. Traditional financial capital is coming in to engage with BTC, and ETH is also appealing to some institutions because it's already very difficult to establish a low-cost defensive position with BTC. However, ETH is different; the inaction of the foundation has led to significant divergence among retail investors regarding ETH, creating opportunities to buy at relatively low prices.
2. The strong political environment supporting cryptocurrency from Trump. When the U.S. gets involved, other countries will also respond, and some recent actions in SH have verified this.
However, the overall foundation of the crypto space is still the same old nonsense; it's still garbage. So, don't expect altcoins to rise in the short term. As @Guilin_Chen_ said, altcoins in this cycle are likely to be oversold + rebound. If you want to play with altcoins, remember not to set your profit point at the previous high; if you have profits, it's best to cash out.
1. Traditional financial capital is coming in to engage with BTC, and ETH is also appealing to some institutions because it's already very difficult to establish a low-cost defensive position with BTC. However, ETH is different; the inaction of the foundation has led to significant divergence among retail investors regarding ETH, creating opportunities to buy at relatively low prices.
2. The strong political environment supporting cryptocurrency from Trump. When the U.S. gets involved, other countries will also respond, and some recent actions in SH have verified this.
However, the overall foundation of the crypto space is still the same old nonsense; it's still garbage. So, don't expect altcoins to rise in the short term. As @Guilin_Chen_ said, altcoins in this cycle are likely to be oversold + rebound. If you want to play with altcoins, remember not to set your profit point at the previous high; if you have profits, it's best to cash out.
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