#打榜优质内容#


"ETH: From 4300 to 4400, it felt like hitting the 'accelerate button'"
There is a saying in the crypto world: what rises quickly may not be stable, but it is definitely exciting. The speed at which ETH went from 4300 to 4400 was like suddenly picking up a speed boost item in a game, sprinting straight ahead.

Behind the acceleration is a combination of multiple favorable factors: on the macro front, expectations of interest rate cuts are rising, and the US dollar is weakening; on-chain, the number of active users is increasing, and both DeFi and NFT data are recovering; in terms of sentiment, BTC is consolidating at a high level, and funds are starting to increase their allocation to ETH.

This triple boost has not only helped ETH break through its previous high, but has also injected confidence into the bulls. The market is now starting to discuss the next target prices—4500, 4600, and even challenging historical highs.

But we need to stay alert; the faster the breakout, the higher the risk of a pullback. Especially near round numbers, many large holders may choose to take partial profits, leading to short-term selling pressure. If the trading volume does not keep up, a false breakout is very likely to occur.

For holders, now is a time to test patience: short-term trading can follow the trend, but long-term investors should focus more on macro trends and on-chain data, and not be scared out by short-term fluctuations.

In conclusion, in one sentence: The acceleration key for ETH has just been pressed, and what the bulls need to do is not rush to hit the brakes.
ETH-0.28%
DEFI-6.36%
BTC-1.95%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
XiaoxiaoOnlyLooksAtTvip
· 1h ago
Steadfast HODL💎
View OriginalReply0
Ryakpandavip
· 08-13 00:53
Just go for it💪
View OriginalReply0
GateUser-e350aca2vip
· 08-13 00:49
Hurry and enter a position! 🚗
View OriginalReply0
CoinWayvip
· 08-13 00:29
Hold on tight, we are taking off soon To da moon 🛫
View OriginalReply0
EarnMoneyAndEatMeatvip
· 08-13 00:28
Steadfast HODL💎
View OriginalReply0
SpicyHandCoinsvip
· 08-13 00:26
Steadfast HODL💎
View OriginalReply0
KrisRovip
· 08-13 00:26
It has already broken 4600.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)