Recently, the cryptocurrency market has experienced increased volatility, with mainstream coins like Bitcoin and Ethereum rapidly retreating from their highs, with daily declines exceeding 5%. The main reason for this correction is the short-term profit-taking, combined with rising expectations of regulatory tightening in some countries. From a technical perspective, this is a normal adjustment after an upward move and does not change the long-term upward trend. Investors should view the fluctuations rationally, focus on the fundamentals of the projects, avoid chasing gains and selling at lows, and reasonably control their positions.
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Recently, the cryptocurrency market has experienced increased volatility, with mainstream coins like Bitcoin and Ethereum rapidly retreating from their highs, with daily declines exceeding 5%. The main reason for this correction is the short-term profit-taking, combined with rising expectations of regulatory tightening in some countries. From a technical perspective, this is a normal adjustment after an upward move and does not change the long-term upward trend. Investors should view the fluctuations rationally, focus on the fundamentals of the projects, avoid chasing gains and selling at lows, and reasonably control their positions.