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Recently, the cryptocurrency market has experienced a brief correction, raising concerns among some investors. However, this kind of volatility is actually a normal manifestation of a healthy market and should not be overly interpreted.
We are currently still in the early stages of a bull market, and the overall market trend remains positive. It is expected that we will continue to see a steady upward trend at least until August. The real peak of the market has not yet arrived, and we may see more significant price increases at that time.
While some investors are hoping for all cryptocurrencies to rise significantly at the same time, the reality may not be so. However, we have reason to believe that Bitcoin is expected to reach the level of $150,000, and Ethereum may also rise to around $8,000.
It is worth noting that the market often experiences rapid price fluctuations, whether they are declines or increases, which can happen in an instant. Therefore, investors need to remain calm and not overreact to short-term volatility. Instead, they should focus on long-term trends and fundamental analysis.
Overall, although the market may experience short-term fluctuations, the overall bullish trend continues. Investors should remain rational and focus on long-term development rather than being swayed by short-term volatility.