Crypto Bull Run in Full Swing: BTC Breaks $124K, ETH Market Attention Soars

Current bull run highlights overview

• Bitcoin hits an all-time high of around $124,000; Ethereum price also sets a new high.
• The overall encryption market capitalization has risen to about 4.18 to 4.2 trillion USD.

The three main driving factors behind it

• Institutional funds entering the market: ETF holdings and corporate asset allocation have significantly increased.
• Policy boosts enthusiasm: US interest rate expectations ease, encryption regulation becomes more lenient.
• Technical trend support: The RWA concept and tokenization applications trigger the next bull run opportunity.

Why has Ethereum’s popularity surged?

Ethereum’s market attention surged about 84% this week, leading Bitcoin. This reflects the market’s high expectations for the development of the Ethereum ecosystem, its governance, and DeFi applications.

Risk and Investment Tips

• Beware of high leverage liquidation risks; no matter how good the market conditions are, leverage must be controlled.
• The bull run is strong, but the sustainability of the trend is limited. It is advisable to build positions in batches and set profit-taking levels.
• Closely follow the direction of policies and changes in market sentiment, and do not blindly chase the rise.

Looking forward to the bull run ahead

The current bull market structure is more mature, and the high level of institutional participation may make it more robust than previous cycles. If the ETF and RWA concepts are further realized, the bull market still has room for continuation. However, investors still need to be rational and cautious in their layout.