Looking back at the history of the cryptocurrency market, we can see some interesting patterns. In particular, after Trump's eldest son expressed optimism about Ethereum, the market experienced significant volatility.



Starting from $3,800, the price of Ethereum began to decline. Although there was a brief rebound along the way, the overall trend remained downward. On the evening of February 4th, the price plummeted from $2,900 to $2,100, causing significant losses for many investors. Despite the gloomy market sentiment, some investors chose to buy against the trend. However, the price dropped again, falling from $2,600 to $1,800, forcing many investors to cut their losses.

This round of decline is not over yet. Prices continue to dip to $1,350, accompanied by frequent price fluctuations. This process lasted nearly six months, while Bitcoin prices remained relatively stable during the same period, highlighting the unique trend of the Ethereum market.

Currently, the market's focus seems to have shifted to Dogecoin and Litecoin. However, these cryptocurrencies are not as strong as Ethereum in terms of market depth, resilience, and institutional support. In addition, Bitcoin and Ethereum have currently accumulated a large amount of profit-taking, which may put more pressure on the market.

Trump's influence in the cryptocurrency space cannot be underestimated. His statements are often seen as a market barometer, capable of triggering significant market reactions. Whenever he makes relevant comments, the entire cryptocurrency market experiences fluctuations.

It is worth noting that Trump's remarks seem to have a stronger influence on the market than traditional market manipulators. He is able to affect market trends with astonishing speed and efficiency, making it difficult for investors to react in a timely manner.

This phenomenon reminds us that the power of information and public opinion in the cryptocurrency market should not be underestimated. Investors need to remain vigilant, closely monitor market dynamics, and maintain a critical mindset towards various sources of information. At the same time, they should also recognize the inherent risks of the market, develop reasonable investment strategies, and avoid blindly following trends or panic selling.
TRUMP0.21%
ETH-1.28%
BTC-2.03%
DOGE-1.25%
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LiquidityNinjavip
· 08-25 13:29
Entering at 3800 is just suckers' territory.
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notSatoshi1971vip
· 08-25 13:26
Tsk, once again turned upside down by a word from Trump.
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FlashLoanLordvip
· 08-25 13:24
Played people for suckers again, huh?
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