**Bullish: Starknet (STRK) has risen sharply, seize this investment opportunity! 📈✨**
Currently, the price of Starknet (STRK) is $1.38, with a daily increase of 14.89%. Driven by multiple positive news, STRK shows strong upside potential. The following is a detailed analysis and operation suggestions.
### Market Dynamics and News Interpretation
- **Bitcoin Expansion Plan**: StarkWare announced that it will work to expand the Bitcoin network. This plan is expected to increase the popularity and application scope of Starknet, thereby driving up the price of STRK [13†source].
- **Industry Influence**: Starknet is considered one of the most influential ZK Rollup projects in 2024, ranking alongside Ethereum, Polygon and other projects, further enhancing the market's confidence in STRK [13†source].
- **Token unlocking event**: In June, tokens worth $875M will be unlocked, including Starknet tokens. This may bring market volatility, but it is also a good opportunity for investors to enter [13†source].
### Technical analysis and price prediction
- **Current trend**: STRK is currently in an upward trend, and the price has broken through the resistance level of $1.30, with the next target price of $1.50. If market sentiment continues to rise, it is expected to break through this level in the short term and further rise to $1.80.
- **Short-term expectations**: Based on current market sentiment and technical analysis, STRK is expected to continue to rise in the short term, with a target price set between $1.50 and $1.80.
### Operational suggestions
Based on the above analysis, investors are advised to consider the following operation strategies:
- **Buy on dips**: Buy on dips when the price is close to $1.30, with a target price set at $1.80. If the price breaks through $1.50, you can increase your position appropriately, and further set the target price at $2.00.
- **Risk management**: It is recommended to set the stop loss at $1.20 to control risks and avoid losses caused by sudden market pullbacks.
### Market psychology and investment strategy
- **Stay calm and rational**: Despite the high market sentiment, investors need to remain calm and avoid blindly chasing the rise. Regularly check positions and market dynamics to ensure the effectiveness of investment strategies.
- **Diversify investment risks**: In addition to Starknet, you can pay attention to other potential crypto projects such as Ethereum and Polygon, which will also have significant gains when market sentiment is high [13†source].
### Summary
Starknet's recent market performance is remarkable. With the positive change in market sentiment and the promotion of key news, there is great potential for future growth. Investors are advised to buy on dips at the current price and set a stop loss to control risks. I wish you all a smooth investment and wealth growth! 💰🚀
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