Many people don't understand why Ethereum has skyrocketed, and why it suddenly surged so much recently. Let Xing Ge explain it to everyone. Do you all remember the last time the bull market was about to end, when Ethereum and some other altcoins (not mainstream cryptocurrencies) suddenly went crazy? Ethereum can be considered the leader among altcoins, not Dogecoin (DOGE). Dogecoin is the leader of meme coins, but the market dynamics of altcoins and meme coins are quite different. The market for altcoins only appears when the entire cryptocurrency market is rising, and it needs Bitcoin (BTC) to perform well. Meme coins are different; they rely on people's emotions. Sometimes when Bitcoin doesn't rise, meme coins can perform well instead, just like the recent time when Bitcoin fell, meme coins did pretty well.

Now that Ethereum is rising so strongly, it feels like the bull market is about to end. However, this small bull market is unlikely to turn into a big bull market because there's not enough money in the market, and liquidity is insufficient. Currently, it's mainly retail investors and some funds playing with Bitcoin and meme coins. For a big bull market to happen, large institutions with significant capital need to come in. But right now, there's not enough money in the market, so this surge in Ethereum is actually just taking advantage of the good news of Trump being elected, attracting many new retail investors to invest, then pushing the price up, and ultimately shaking them off.

So I think this final frenzy won't last too long. After a month of rising, when everyone thinks this is a big bull market, it will start to fall. It's just begun to rise, and many newcomers have made money and definitely want to continue investing, but in the end, how many people can withdraw in time? Everyone should understand that during such times, it's better to take profits and trade short-term. I also recommend everyone to do short-term trading; it's relatively safer. Xing Ge's actual trading made 7000u in a month, with a 74% win rate. You can follow Xing Ge on the homepage for real trading. This bull market will take you on a 10x journey. $ETH