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The two months after each Japanese interest rate hike are extremely painful. This time it happened during the Spring Festival period, accompanied by the Unfavourable Information of deepseek and tariffs, which caused a big impact. ETH brought down near, and deepseek brought down FET. Due to the decline of ETH, zone leading can no longer be played. Its high point has been pinned near 4k, and at most this year, it will rebuild the bottom on the weekly chart and return to the upper band. The highest point is still near 4k, and it cannot even reach the highest point of the previous bull market.
If this time still can't make you lose faith in ETH, it only means you haven't been hurt. Anyway, I am hurt. If it weren't for believing that this bull market might push ETH to a high point of 8-12k two years ago, it would not have been possible to allocate 35% of the principal to ETH.
This bull market after the halving is very different from the past. The strength of the US dollar greatly constrains the overall advance of the bull market in this round. The peak of the previous bull market was achieved precisely when the exchange rate was below 6.8, with a weak US dollar.