Recently, the Ethereum (ETH) market has shown a complex situation. Recently, the ETH price movement has been weak, with obvious signs of market whipsaw. Although there was a rebound near the $4260 mark, the resistance in the $4370 area remains strong, making it difficult to break through. Overall, the current market is still in the accumulation phase.
In the short term, investors may need to remain cautious and wait for a pullback before considering entry. It is recommended to pay attention to the price range of $4250 to $4380, which may present a better accumulation opportunity. If the price drops, $4260 will be the first important support level. If this level cannot be held, close attention should be paid to the support around $4220.
It is worth noting that the current market is highly volatile, and investors should operate cautiously and manage risks effectively. At the same time, it is important to closely monitor market news and the movements of large institutions, as these factors may significantly impact ETH prices. During this critical period, maintaining patience and calm is essential; one should not be influenced by short-term fluctuations but should focus on long-term development trends.
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NotGonnaMakeIt
· 09-06 03:51
bull run in the consolidation phase, looking for opportunities to Build a Position
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MEVSandwich
· 09-04 03:12
If I lose any more, I will be eating dirt.
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MainnetDelayedAgain
· 09-03 04:52
According to the database, this is the eighth prediction of rise this month.
Recently, the Ethereum (ETH) market has shown a complex situation. Recently, the ETH price movement has been weak, with obvious signs of market whipsaw. Although there was a rebound near the $4260 mark, the resistance in the $4370 area remains strong, making it difficult to break through. Overall, the current market is still in the accumulation phase.
In the short term, investors may need to remain cautious and wait for a pullback before considering entry. It is recommended to pay attention to the price range of $4250 to $4380, which may present a better accumulation opportunity. If the price drops, $4260 will be the first important support level. If this level cannot be held, close attention should be paid to the support around $4220.
It is worth noting that the current market is highly volatile, and investors should operate cautiously and manage risks effectively. At the same time, it is important to closely monitor market news and the movements of large institutions, as these factors may significantly impact ETH prices. During this critical period, maintaining patience and calm is essential; one should not be influenced by short-term fluctuations but should focus on long-term development trends.