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The Crypto Assets market has recently witnessed remarkable changes. Ethereum (ETH) has performed exceptionally well, showcasing a strong rise momentum. Starting from $3100, the ETH price has climbed steadily, passing through key price points of $3200, $3300, $3500, $3600, and $3700, ultimately breaking the $4000 barrier and continuing to pump to $4300.
At the same time, the price of Bitcoin (BTC) remained relatively stable, hovering around $118,000 throughout the process. This stark contrast in trends has attracted widespread attention in the market.
As the price of Ethereum continues to rise, market sentiment is also on the rise. Many investors and analysts believe this may herald the arrival of a new bull market in the crypto assets market. However, some also warn that caution is needed with this rapid rising trend, reminding investors to be aware of potential risks.
The strong performance of Ethereum in this round once again confirms the characteristic of the crypto assets market that 'the wind changes direction'. Coins that were once in a slump may suddenly explode at some point, demonstrating tremendous growth potential.
As Ethereum approaches a new high of $4600, market participants are closely watching its subsequent trends. This price level is not only an important psychological barrier, but it may also become a key point in determining the short-term market direction. Regardless, this round of pump has opened an exciting start for the crypto assets market in 2024.