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Ethereum (ETH) is currently approaching its historical high, but surprisingly, other Crypto Assets have failed to follow suit.
Recently, I attempted to invest in some small crypto assets within the Ethereum ecosystem, but suffered a loss of about 10%. The issuers of these small coins seem to have taken no measures to boost the market, and even with Ethereum nearing new highs, their prices have instead declined, which is contrary to common sense.
In light of the current market situation, I believe it may be wiser to continue focusing on Ethereum. Overall, the crypto assets market is still in an upward trend. However, investors should also remain vigilant, as the market may soon enter a period of volatility.
For Ethereum, 4665 and 4441 may become important support levels. At this stage, adopting a relatively conservative investment strategy may be more prudent.
It is worth noting that although some smaller crypto assets have performed poorly, the overall attention on the altcoin market has reached a new high in five years. This contradictory phenomenon is worth pondering for investors, perhaps suggesting a certain disconnection between market sentiment and actual performance.
In this market environment, investors need to be more cautious, closely monitor market trends, and allocate their investment portfolios reasonably to cope with potential market fluctuations.