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The May market depends on this battle of Ethereum, right?
As the May Day holiday comes to an end, although the cryptocurrency market has not seen a surge, there are preliminary signs of a phase of stabilization, which is undoubtedly a positive signal.
Bitcoin Weekly Trend Analysis: The price has successfully broken through a key resistance level, and the market's bullish sentiment continues to heat up. Although the increase is not as significant as last October's rally, its market capitalization has firmly secured the seventh position among global assets, and breaking through the historical high remains the main goal.
Altcoin market dynamics: Dogecoin, Solana, and other sub-mainstream coins are rebounding first, and some strong new coins have already broken through previous highs. If the upward trend is established, altcoins may迎来新一轮行情机会.
May Market Outlook: Market focus shifts to the Ethereum Prague upgrade. After the upgrade is completed, the ETH ecosystem is expected to gain new momentum. If it fails to rise with the trend, it may signal a change in the market landscape, and ETH holders need to prepare risk plans. Let us anticipate together whether the Ethereum upgrade will bring surprises or shocks? The market will soon provide an answer!