The recent price adjustment in BTC and ETH can be attributed to profit-taking by investors who bought these cryptocurrencies at lower prices. When prices reach new highs, some investors choose to sell and secure their profits.
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Investor psychology also affects price adjustments. When investor sentiment is positive, prices may rise and vice versa. Investors' perceptions and expectations of market trends have an important impact on prices.
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Cryptocurrencies use blockchain technology to ensure the security and transparency of transactions.
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