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The crypto assets market has once again experienced a turbulent phase. Ethereum (ETH) saw a fall of nearly 164 points within just 90 minutes, attracting widespread follow from the market. The source of this fluctuation seems to trace back to an unexpected figure—Trump.
This phenomenon reveals an interesting contradiction in the Crypto Assets market: although the core idea of blockchain technology is decentralization, the market seems to be increasingly influenced by the words and actions of a few powerful individuals. This 'celebrity effect' has a powerful influence in the Crypto Assets field, perhaps unprecedented.
It is worth noting that even experienced market analysts find it difficult to accurately predict and respond to such sudden market fluctuations. This once again proves the high uncertainty and complexity of the Crypto Assets market.
For ordinary investors, such a market environment is undoubtedly a huge challenge. Many may have suffered losses in this fluctuation, and some even face the risk of liquidation. This reminds us that when investing in Crypto Assets, we need to be extra cautious and manage risks well.
Overall, this incident once again highlights the uniqueness of the Crypto Assets market. It is not only influenced by technical and economic factors but is also closely related to social, political, and various other factors. Investors need to comprehensively consider these factors to better understand and respond to market fluctuations.