💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
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Minimum 80 words
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#加密资产市场强势反弹# As the price of Bitcoin continues to rise, Ethereum also shows a synchronized upward trend, and the market direction remains consistent with the mainstream trend.
From a technical analysis perspective, Ethereum has not yet reached the upper Bollinger Band on the daily chart, and the MACD indicator on the 4-hour chart does not show any signs of a top divergence, which contrasts with the performance of Bitcoin. This technical performance suggests that Ethereum may not experience a significant correction, and the overall trend still leans towards bullish.
Based on the current market conditions, the price of Ethereum may look for support around $4500, with an upward target range of $4560-$4640. It is recommended to set $4400 as a risk control point.
$BTC {future}(BTCUSDT)
$ETH {future}(ETHUSDT)
$XRP {future}(XRPUSDT)