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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
In the latest developments of the Crypto Assets market, we have seen some interesting progress.
The trend of Ethereum (ETH) is eye-catching. Although many investors have been chasing the rise recently, the data shows that the inflow of funds is not much, and there are even signs of capital outflow. This has led ETH to form a trading range between 4160 and 4370. Within this range, investors can engage in both long and short operations, but it is noteworthy that large funds seem to have temporarily exited this game. However, once the market experiences new variables, these large funds may quickly re-enter, triggering new fluctuations.
In terms of Bitcoin (BTC), after attracting bulls to enter the market, the price has retreated to the previously formed gap area. This trend may indicate that the market is about to enter a new adjustment phase.
On the other hand, the performance of the altcoin market has been mediocre. While BTC has driven ETH up, altcoins have failed to follow suit and have even seen declines. This phenomenon reflects that there is currently no new capital inflow into the altcoin market, and its future trend is not optimistic.
It is worth noting that the bullish forces are currently maintaining stability around 4200. If there is no strong selling pressure, the bulls are likely to launch a counterattack at this position, potentially triggering a new upward trend.
At the same time, the global macroeconomic situation is also affecting the Crypto Assets market. The trade relationship between the United States and China has once again taken a turn, with Trump extending tariffs for 90 days and canceling taxes on gold. This news has caused significant fluctuations in the market.
Overall, the Crypto Assets market is at a delicate balance point. Investors need to closely monitor the interactions between various coins and the changes in the global economic situation to make informed investment decisions.