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Moments today experienced a rather unusual phenomenon: LTC, HBAR, and SOL ETF products successfully listed on Nasdaq, but these cryptocurrencies did not see the expected rise; instead, their prices fell. This situation is very similar to the previous pattern where Ether ETF was approved, causing ETH to temporarily rise before entering a downtrend.
This phenomenon actually reflects the common principle in financial markets: "Favourable Information is often followed by Unfavourable Information." When good news is finally implemented, the funds that entered early tend to rush to take profits, and new funds fail to follow in time, ultimately causing prices to fall. The current market environment is relatively cautious, with most investors adopting a "buy in anticipation, sell in reality" strategy.
This situation reminds us that short-term price fluctuations of digital assets are mainly driven by market sentiment, while medium- and long-term development depends more on the project's technical strength and ecological construction. For investors, maintaining clear thinking amid complex market voices and focusing on the core value of projects is the wise approach. Digital assets with genuine intrinsic value will not have their long-term development trend fundamentally altered by short-term market fluctuations.#ETHOn-ChainActivityRises