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Recently, RARE has indeed been performing remarkably. The short-term increase has reached 4.22%, and the driving force behind it is quite interesting — a piece of art called "The Prude Goddess" on the SuperRare platform is sparking a bidding war.
The bidding war is heating up. First, someone bid 2.2 ETH, then a more aggressive buyer pushed it to 2.42 ETH, and the auction is still ongoing with over an hour remaining. Such enthusiasm often spills over into the token level, and investors are sensing the vitality of the NFT ecosystem.
However, from a technical perspective, RARE has entered a high-level acceleration phase, which means the risks are also increasing. Rapid gains are often accompanied by increased volatility. Short-term participants should be especially cautious to avoid being caught off guard by sudden reversals. In summary, the market is moving, and opportunities and risks always come hand in hand.