AB Kuai Dong
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Three Scenarios After Bitcoin's New High
1. Ethereum and related altcoins' rebound: This has occurred in 2018, 2021, and early this year, but the rebound earlier this year was not very obvious, mainly due to the underwhelming expectations following the launch of the Ethereum ETF. Additionally, the DePIN and BTC staking projects in the market have led to a certain degree of dispersion of active funds on Ethereum.
At that time, many top-tier projects on Ethereum also launched their tokens at high market values, putting pressure on the remaining liquidity in the market. Over the past six months, they have experienced market cap recovery and a repricing of prices, and the situation has improved significantly.
At that time, many top-tier projects on Ethereum also launched their tokens at high market values, putting pressure on the remaining liquidity in the market. Over the past six months, they have experienced market cap recovery and a repricing of prices, and the situation has improved significantly.
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