Bitcoin's decline has led funds to shift towards Ethereum, which has soared dramatically, rising from around 2100 to 4680 in just a little over a month and a half.
Supported by Trump's policies, numerous institutions and many countries have intervened, driven by market demand, accumulating at low points. The price has surged sharply, breaking through psychological resistance levels, pointing towards historical highs. Accumulation continues at high levels, with no upper limit in sight.
A pullback? The hopes of many retail investors have become a luxury at this stage. This unprecedented surge has swept away all doubts. The remaining tight range between 4000-4400 is still struggling, and self-redemption is merely the last belief.
While there may be a pullback after such a large increase, its intensity is not significant. If you want to trade, be careful not to be overly greedy, as a slight misstep could lead to deep entanglement. This round of spot trading has been very profitable, and at this stage, one can consider exiting in batches. $BTC