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https://www.gate.com/announcements/article/45974
The cryptocurrency market has once again welcomed a remarkable surge. Bitcoin, as the leader, is hovering around the price of $120,000, driving a strong rise in other cryptocurrencies such as Ethereum. Ethereum, as the second largest cryptocurrency by market capitalization, has seen even more significant gains following Bitcoin.
This wave of market trend is fierce, exciting many investors. However, no one can accurately predict how long this rise will last. In this situation, it may not be wise to persuade others to take profits. Because when market sentiment is high, investors are often more inclined to continue holding, hoping to achieve higher returns.
Faced with such a strong upward trend, many investors choose to maintain an optimistic attitude and continue to increase their long positions. However, we must also remind that although market sentiment is high in the short term, the cryptocurrency market has always been highly volatile, and investors still need to act cautiously and manage risks.
Whether to continue holding or to take profits at the right time, the most important thing is to make decisions based on your own investment strategy and risk tolerance. In this rapidly changing market, it is crucial to remain rational and calm.