RE: What do you think about the recent breakthrough of the price of Ethereum and its rapid increase in market value?

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What do you think about the recent breakthrough of the price of Ethereum and its rapid increase in market value?

in hive-144703 •  4 years ago 

Now that Ethereum has begun to fall, I think the bull market of cryptocurrency is far from coming. So my opinion on the Ethereum price breaking new high is just a false positive phenomenon. In order to allow more retail investors to participate, this is more like a game for institutional investors. They use their strong financial resources to raise the price of cryptocurrency, give retail investors a illusion that the overall market is improving to drive up the price, and finally sell out the hoarded cryptocurrency to complete the growth of funds. I really hope that the cryptocurrency market can have a low-risk investment plan.

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