Encryption strength at its peak: Confidence soaring, but pullbacks are lurking
The encryption strength index has recently soared to near historical highs, with market momentum flying high.
– Strong breadth across sectors, blooming everywhere
– Bitcoin continues to hold strong at high levels
– EMA trend confirmation is accurate
Overall, investor sentiment is quite exuberant. Don't forget, extreme strength can easily set the stage for pullback risks; when enjoying the highs, don't forget to keep some defense.
How long do you think this strong momentum can last?
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