This round is almost at the top, Trump released selling news when Ethereum was at the bottom of 1400, and then the market started to reverse. In the past two days, Trump has released buying news at 2400.
Of course, this is not a 100% indicator. Additionally, so far there is no incremental capital because the money has not started to flow yet. Right now, it is an emotional market; once the sentiment fades, it will continue to decline until the actual interest rate cuts, then there will be another emotional rise, followed by a period of decline, and then when the released funds flow into the market, we will enter a real bull market.
Quick rises do not indicate a bull market.
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