Ethereum, as the leader of the Crypto Assets market, has once again demonstrated its strong market influence. After breaking the $4000 barrier, this digital asset giant is leading the entire industry into a new rise channel.
As the dominant force in the market, Ethereum continues to attract a significant influx of funds from both institutions and retail investors. This continuous flow of funds has led to a strong upward price momentum, with relatively small pullbacks, demonstrating robust upward momentum.
From a more macro perspective, the sustained rise on the weekly chart better reflects the true trend of Ethereum. As an industry leader, significant long-term increases are not unusual for Ethereum. It is worth noting that the so-called technical resistance levels currently have limited impact on it.
However, investors should remain vigilant as a comprehensive market rise may lead to capital diversion, which is the true potential threat to Ethereum. Therefore, while focusing on Ethereum's own performance, it is also important to closely monitor the overall market trends.
With Ethereum's strong performance, we can expect a new wave of activity in the entire Crypto Assets market. However, investors still need to exercise caution, assess risks rationally, and make informed investment decisions.
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PancakeFlippa
· 08-11 11:27
Just do it.
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CountdownToBroke
· 08-10 22:28
Sweep away all altcoins! Bullish traders are ready to take off.
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OneBlockAtATime
· 08-09 08:51
This operation is hilarious.
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BasementAlchemist
· 08-09 08:33
ETH is really good, go for it!
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RektRecovery
· 08-09 08:24
*sigh* another predictable pump n dump pattern... seen this movie before
Ethereum, as the leader of the Crypto Assets market, has once again demonstrated its strong market influence. After breaking the $4000 barrier, this digital asset giant is leading the entire industry into a new rise channel.
As the dominant force in the market, Ethereum continues to attract a significant influx of funds from both institutions and retail investors. This continuous flow of funds has led to a strong upward price momentum, with relatively small pullbacks, demonstrating robust upward momentum.
From a more macro perspective, the sustained rise on the weekly chart better reflects the true trend of Ethereum. As an industry leader, significant long-term increases are not unusual for Ethereum. It is worth noting that the so-called technical resistance levels currently have limited impact on it.
However, investors should remain vigilant as a comprehensive market rise may lead to capital diversion, which is the true potential threat to Ethereum. Therefore, while focusing on Ethereum's own performance, it is also important to closely monitor the overall market trends.
With Ethereum's strong performance, we can expect a new wave of activity in the entire Crypto Assets market. However, investors still need to exercise caution, assess risks rationally, and make informed investment decisions.