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The current cryptocurrency market presents a complex and volatile situation. Bitcoin, as the leader of the industry, has seen its price break through strongly and even reach an all-time high, driven by continuous inflows of institutional funds and positive developments regarding ETFs. Its scarcity and safe-haven properties have become increasingly prominent, attracting a large number of investors. Influenced by the passage of a series of cryptocurrency bills in the United States, market sentiment is high, and competing coins have also risen sharply, such as Ripple and Ethereum.