The current trend of the cryptocurrency market is strikingly similar to that of 2020. Both started to rise in October and continued to double on November 25. The last round rose from 10,000 to 20,000, and this time it rose from 50,000 to 100,000.
ETH's recent performance can be described as strong, and there are obvious signs of large funds entering the market. When Bitcoin experienced a sharp drop, ETH was able to hold on to sideways. It can be foreseen that once the BTC market picks up, ETH is bound to be strong.
During this period, if there is a callback, it will be a good access point for investors. It is expected that after the cryptocurrency market completes consolidation in early December, ETH will regain its upward trend and start a new round of substantial increases, bringing more opportunities and returns to investors, which is worth paying close attention to and planning in advance.