Recently, the Crypto Assets market has shown an interesting phenomenon. As the market leader, Ethereum (ETH) seems to completely control the overall trend, while other alternative coins struggle to showcase their own market vitality independent of ETH.



Observations show that the vast majority of alternative coins are experiencing a downward trend daily, even when the price of ETH rises, they still struggle to avoid a slight decline. What is even more concerning is that when ETH experiences a significant drop, these alternative coins often suffer even more severe blows.

This phenomenon inevitably raises the question of whether certain exchanges are using algorithmic bots to suppress the prices of alternative tokens. For investors mainly holding ETH, this may be a silver lining in an unfortunate situation. However, for traders heavily invested in small market cap alternative tokens, the current market environment is undoubtedly a significant challenge.

It is worth noting that despite the harsh market environment, ETH has maintained relative stability. This again highlights the importance of choosing mainstream coins that have fundamental support in the turbulent crypto assets market.

The current market situation also provides us with an important investment insight: in the highly uncertain Crypto Assets market, diversifying investment risks and focusing on mainstream coins may be a wiser choice.
ETH1.07%
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BlockchainArchaeologistvip
· 08-09 12:46
The on-chain tool person is undoubtedly.
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SilentObservervip
· 08-08 12:59
With this market, we can still play hybrid coins.
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GateUser-a5fa8bd0vip
· 08-06 14:51
Still bullish on ETH!
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ser_we_are_earlyvip
· 08-06 14:40
Kai Run has withdrawn.
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AlphaBrainvip
· 08-06 14:40
We still have to see how big brother ETH feels.
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blockBoyvip
· 08-06 14:39
The manipulation of the plate is too obvious.
View OriginalReply0
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