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Recently, the cryptocurrency market has shown an interesting phenomenon: different coins frequently break through key positions on the daily gainers list. It is worth noting that the gain points and resistance levels of many coins exhibit astonishing similarities, which may suggest that market makers are exploring possible breakout points.
A market observer pointed out that in a typical bull market, the rankings on the gainers list can change significantly within a single day, with the morning, noon, and evening lists potentially being completely different. This phenomenon reflects the high activity of the market and the enthusiasm of investors.
Currently, the market conditions we are witnessing can be described as poised for action. Although we have not fully entered the bull market phase, this alternating upward trend is undoubtedly a positive signal. It indicates that investors are gradually increasing their interest in various encryption assets, and the market is accumulating energy in preparation for a potential significant rise.
However, investors should remain cautious. The volatility of the encryption market is well-known, and the current active state may be a prelude to a larger trend or a short-term market adjustment. In any case, closely monitoring market movements and managing risks will be a wise course of action in the upcoming phase.