The market was swept up in a wave of euphoria as Bitcoin surged more than 8% in a single day—nearing the $70,000 mark for the first time since early June—and Ethereum (ETH) reclaimed the $2,300 level. Yet, beneath this excitement lies the chilling atmosphere of a prolonged bear market. Let us examine the stark contrast between the frenzy on center stage and the reality lurking in the background.
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