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The current cryptocurrency market is experiencing a new rising trend, especially the performance of Bit and Ethereum, which is noteworthy. Currently, Bit is priced around 112000, while Ethereum is hovering around 3370. However, market analysis shows that the upward momentum of these two major encryption currencies may still be far from over.
Investors should closely monitor the potential pullback opportunities that may arise. Bitcoin is expected to see adjustments around 108000, while Ethereum may find support near 3180. Next week could become an ideal time to enter the market, and interested investors should remain vigilant to seize the opportunity.
It is worth noting that once a strong upward trend begins, chasing the price often increases risk. Therefore, actively positioning at the current stage may be a wise choice. Missing this critical time window, investors may face the risk of falling behind the market.
However, we must also be vigilant, as the cryptocurrency market has always been highly volatile. Investment decisions need to be based on comprehensive market analysis and individual risk tolerance. Additionally, external factors such as changes in regulatory policies may also have a significant impact on the market. Therefore, it is crucial to conduct thorough research and risk assessment before making any investment decisions.