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RENDER's performance this week has been impressive, with a weekly increase of 36%, including a single-day rise of 19%. Currently, the price remains stable around $1.82, making it a recent market focus. What exactly caused this sudden surge?
From market signals, several factors seem worth noting. First, discussions about project development progress continue to be popular in the community. Although the official has not announced any major news yet, such expectations often trigger increased market participation. Second, overall market sentiment is warming up, with many retail investors jumping in, and this short-term enthusiasm often leads to high volatility—rapid gains can be followed by equally swift corrections. Furthermore, if this round of increase is mainly driven by hype and lacks fundamental support, the risk of a pullback is indeed worth caution.
To be honest, a 36% weekly increase sounds attractive, but "dark horses" in the crypto market appear every week, such as Polkadot and other projects that have recently started to stir. This reminds us not to focus solely on the numbers themselves but to understand the underlying logic, which is the real investment lesson. Especially in an environment with vague news and persistent high volatility, even seemingly strong upward trends can face sudden large corrections. Invest cautiously and avoid putting emergency funds into such assets.