The cryptocurrency market has been crazy recently! This wave of market is too fierce, especially Ethereum, which is simply crushing the short sellers. From July 1st to now, the market value of Ethereum has directly increased by $150 billion, setting a record high. I heard that many big short sellers have suffered heavy losses. This wave of short squeeze is definitely the most brutal one in history!

The most exciting thing is that World Liberty Financial, an institution under President Trump, is also buying like crazy. Just 24 hours ago, it spent another $5 million to buy Ethereum. This is not the end. Top investment institutions such as BlackRock are also secretly hoarding goods. Their ETFs have been continuously increasing their positions in the 30 days before July 1st.

Now everyone is guessing whether Ethereum can reach $4,000. Bitcoin is not to be outdone, and it has directly returned to the $120,000 mark. The market value has increased by $900 billion since the low point in April! What's more exciting is that it is said that President Trump may sign an executive order to allow 401k pensions to invest in cryptocurrencies. What if this is true?

The US House of Representatives recently made a big move, passing three bills supporting cryptocurrency in one go, and both the Democratic and Republican parties voted in favor. Look at Bitcoin over the years, it has grown by an average of 90% per year, and now even large institutions are pouring money into it. Look at the US dollar index, which has fallen by 10% this year. No wonder everyone is running to cryptocurrency.

This market is like riding a rocket, waking up to a different price every day. Now the market is full of FOMO (fear of missing out), and everyone is discussing how far this bull market can go. But to be honest, although it looks great, the risks are not small. After all, not everyone can sit on the roller coaster of cryptocurrency$ETH