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Recently, the crypto assets market has shown signs of turbulence. The price of Ethereum has slightly risen to $2447, but the overall market has still fallen by 3% in the past day, and market sentiment is becoming cautious.



This unstable situation is primarily due to the ongoing geopolitical tensions in the Middle East, coupled with the latest news that Judge Torres has rejected the settlement proposal between the U.S. Securities and Exchange Commission and Ripple, further exacerbating market uncertainty.

As a result, Ethereum fell by 2% this week, with a monthly decline reaching 8%. What worries investors even more is the appearance of a so-called "death cross" on the technical analysis charts, which is seen as an extremely negative signal in the Crypto Assets circle, indicating that a larger decline may be faced in the short term.

However, market experts remind investors to remain calm. Although the "death cross" is often seen as a negative signal, it may also indicate that the market is about to complete a round of reshuffling, clearing out some weak participants. It is worth noting that the fundamentals of Ethereum remain strong, and many analysts still hold a positive attitude towards its long-term development prospects.

In the current complex and ever-changing market environment, investors need to remain vigilant and closely monitor the changes in the global economic situation and regulatory policies, while also recognizing the inherent high volatility characteristics of the crypto assets market. Although challenges may be faced in the short term, Ethereum, as a leading smart contract platform, still holds promise due to its technological innovations and ecosystem development.
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VCsSuckMyLiquidityvip
· 06-30 03:20
Bought the dip, bought the dip, let's rush together!
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SchrodingerWalletvip
· 06-28 23:01
Now is the perfect time to buy the dip.
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SatoshiLegendvip
· 06-28 15:02
The death cross is just a statistical illusion. Do you understand the random walk theorem?
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DancingCandlesvip
· 06-27 04:51
Swing trading is fierce, annihilating bearish traders!
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ProposalManiacvip
· 06-27 04:50
Only a turbulent market can test the resilience of governance mechanisms.
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GateUser-40edb63bvip
· 06-27 04:49
What to do if you are still all in on eth?
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New_Ser_Ngmivip
· 06-27 04:48
How do suckers survive?
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NftPhilanthropistvip
· 06-27 04:34
actually this death cross is just a perfect chance for impact-driven accumulation tbh
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FreeRidervip
· 06-27 04:32
Short Position爽歪歪
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