As the heat in the Crypto Assets market continues to rise, it is particularly important to remain calm and rational. When the Bitcoin price reaches $120,000 and Ether hits $3,600, we need to take a moment to examine the essence of this bull run.



The uniqueness of this bull run lies in its occurrence during a global economic tightening cycle, lasting over two and a half years. Setting aside the initial oversold rebound and the brief hotspots that emerged in the mid-term, such as Layer 2 solutions and modular architecture, we can define this market trend as a "capital bull market" led by the United States.

In this market environment, altcoins often experience oversold rebounds in each round of small-level trends, while Bitcoin shows a steady upward trend. It is worth noting that the entire Crypto Assets sector seems to lack an exciting core narrative, reflecting more as a capital-driven market.

When focusing on Ethereum, let's first review the various stages of this bull run for Bitcoin. The phase from $15,476 to $30,000 can be seen as a rebound after the bear market, but how should we interpret the rise after $30,000? Is it driven by interest rate cut expectations? Or is it the result of ETF expectations and actual capital inflows?

If we look at the trends of Bitcoin after breaking through $30,000 in October 2023 in a coherent manner, the answer may become clearer. This period precisely reflects the market's sensitive response to changes in macroeconomic policies and regulatory environments.

During times of high market sentiment, it is particularly important to remain objective and calm. We should focus on long-term value creation rather than short-term price fluctuations. For investors, understanding market cycles, controlling risk, and maintaining rational thinking are key to navigating this complex and volatile market.

The future development direction of the crypto assets market may become more diversified, including multiple aspects such as technological innovation, regulatory adaptation, and institutional participation. In this process, careful observation and in-depth analysis will help us better grasp the pulse of the market and make informed decisions.
BTC-1.91%
ETH0.26%
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SchrodingerAirdropvip
· 08-11 21:29
Are the long positions hiding in the laundry room?
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DeFiDoctorvip
· 08-09 03:51
The fund flow diagnosis shows that this is a typical case of speculative expansion.
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ZKProofstervip
· 08-09 03:45
technically speaking, just another institutional fomo
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SorryRugPulledvip
· 08-09 03:39
Get out of positions, no rush.
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Ser_APY_2000vip
· 08-09 03:28
Just hodl, that's all there is to it, no need for all this.
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