Recently, Ethereum (ETH) has performed brilliantly, showing a strong pump trend. This trend is closely related to the market's expectations for the legalization of Ethereum staking mining. Analyzing from a weekly perspective, as long as the price can stabilize above $4000, it is very likely to continue rising to the historical high range of $4800-$5000. Overall, the prospects for Ethereum remain optimistic.



The CPI data released tonight is favorable for the market, driving the ETH price to strongly break through to around $4400. However, investors still need to closely monitor price trends. If ETH falls below $4360 again, it may trigger further corrections. In this case, the price could approach the $4000 mark, which would provide investors with a good buying opportunity, with a relatively reasonable risk-reward ratio.

However, the market trend ultimately depends on the operations of large funds. Investors should remain vigilant, closely monitor market movements, and seize investment opportunities in a timely manner. At the same time, attention should also be paid to risk control and proper fund management.

In the current cryptocurrency market environment, the performance of Ethereum is worth paying attention to. The continuous development of its underlying technology, the ongoing expansion of its ecosystem, and the increasing favor of institutional investors all lay a solid foundation for its long-term development. However, investors should also be aware that the cryptocurrency market is highly volatile, and when making investment decisions, it is necessary to comprehensively consider various factors and act cautiously according to their own risk tolerance.
ETH1.11%
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PrivateKeyParanoiavip
· 08-15 09:54
Waiting for the 5000 bull run
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GasFeeDodgervip
· 08-14 10:09
ETH is just around the corner.
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CryptoMotivatorvip
· 08-12 15:49
ETH must be charged.
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WhaleWatchervip
· 08-12 15:45
bullish front row enter a position
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AirdropHunter420vip
· 08-12 15:44
Just waiting to enter a position at 4000.
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OffchainOraclevip
· 08-12 15:36
Continue to be bullish on ETH
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