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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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The Fluctuation of the Crypto Assets market is always dramatic. Recently, alts have encountered an unprecedented Crisis of Confidence, and the market generally holds a negative attitude towards them. This situation inevitably reminds people of the plight of Ethereum not long ago.
At that time, Ethereum fell to a low of $1400, market confidence collapsed, and large holders rushed to sell, almost falling into despair. However, it was in such a desperate situation that Ethereum experienced an astonishing rebound.
Will this dramatic reversal also be replayed in alts? It is worth pondering.
The current bull market has displayed several typical characteristics: Bitcoin has broken through $120,000, Ethereum has reached $4,300, and it seems there is still room for growth. As long as mainstream coins can maintain stability at high levels, there are still opportunities for alts.
Currently, the only missing element in this bull market is the so-called "altcoin season." But we can't help but ask, will it really be absent?
If Ethereum begins to consolidate at a high level, will it trigger capital to flow into alts? This question is worth close attention from market participants.
Despite the current difficult situation of alts, it is still very important to closely monitor market trends and maintain a rational outlook. After all, in the crypto assets market, the situation often changes rapidly, and today's predicament may become tomorrow's opportunity for rise.