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The cryptocurrency market has shown interesting dynamics recently. Bitcoin has been consolidating at high levels for two weeks, while Ethereum has seen a significant rise during this period. This trend has not only pushed up the price of Ethereum but also boosted the prices of some other altcoins.
Analyzing market trends, we can expect that Bitcoin may soon start a new round of increase. Meanwhile, Ethereum may enter a correction phase. For other altcoins, the situation may be more complicated: some may follow the market up, another part may experience corrections, and some may decline.
This rotation phenomenon is actually a common pattern in a bull market. It is worth noting that when Bitcoin is truly approaching its peak and starts to form a top, we usually see Ethereum and other altcoins experiencing significant volatility.
For investors, grasping the market rhythm is crucial. Do not be misled by short-term fluctuations, and do not make irrational decisions easily influenced by market noise. Stay calm and rational, focus on long-term trends, and you can achieve success in this market full of opportunities and challenges.