#数字资产动态追踪 Is anyone still talking about the knockoff season? Let’s look at it from a different perspective — bull and bear markets ultimately come down to money flowing in and out. When traditional finance experiences pain (such as rate cuts, stock market plunges, or futures topping out), those investors who get cut start looking for new opportunities everywhere. Suddenly, the crypto market heats up, and all kinds of wealth creation myths fly around — this easily attracts a wave of capital. Some people genuinely believe, while most are just trying their luck with a "give it a shot" mentality.

Once this influx of capital arrives, the market rhythm completely changes. New hot money, new stories, new sentiments — a full cycle begins to unfold. $ETH is now repeatedly battling around the 3000 mark, with bulls and bears testing each other in quick succession. Whether it can hold this level or break through it — we’ll see how it performs next.

But to be fair, regardless of which direction the market moves, the risk warning still needs to be said: this game inherently carries risks. Before jumping in, calculate how much you can afford to lose, and controlling your risk exposure is key.