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Recently, the cryptocurrency market has shown an interesting trend. The mainstream currency Bitcoin, after a brief consolidation, seems to be brewing a significant change. Its M-shaped chart pattern has become very obvious, indicating that a notable price fluctuation may be imminent.
At the same time, Ethereum has shown exceptional strength, continuing to rise and demonstrating the potential to surpass BitCoin. This situation evokes memories of historical power shifts, as if the cryptocurrency world is staging a modern-day 'struggle for power'.
For traders, this market dynamic may harbor potential investment opportunities. Bitcoin may present buying opportunities in the range of $115,500 to $116,000, and if it breaks through, it is expected to reach a target price of $117,500 to $118,000.
As for Ethereum, the ideal entry point may be around $4,220 to $4,250, with a target price between $4,350 and $4,380.
However, investors should keep in mind that the cryptocurrency market is highly volatile, with high risks and high returns coexisting. Before making any investment decisions, it is essential to conduct thorough research and risk assessment. Closely monitor market dynamics and flexibly adjust strategies, as this may help seize opportunities in this market trend.