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📅 July 3, 7:00 – July 9,
Recently, the cryptocurrency market has experienced significant fluctuations, with both Bitcoin and Ethereum prices declining. Market analysts have previously issued multiple warning signals, indicating that these two major cryptocurrencies may have reached a short-term peak.
The analysis has proven to be quite prescient. Bitcoin began to retreat from around $109,500, while Ethereum started to decline from about $2,580. Subsequently, the market continued to drop, with Bitcoin falling below $107,500 and Ethereum also dipping below the $2,500 level, confirming earlier predictions of further downside potential.
Currently, the market trend has turned weak. Traders who have adopted short positions have achieved considerable gains by accurately grasping this downward trend. It is worth noting that this round of decline may be closely related to the global economic situation, and investors should pay close attention to the potential impact of various factors on the encryption currency market.
In this market situation, investors need to remain vigilant and closely monitor market trends and various macroeconomic indicators. At the same time, it is important to recognize the high volatility characteristics of the cryptocurrency market, making risk management crucial. The future direction of the market still holds uncertainty, and it is advisable for investors to maintain a cautious attitude when making trading decisions, taking into account multiple factors.