Ethereum's recent performance has been noteworthy. After reaching a high of $4793, the market experienced a pullback, dipping to a low of $4450. However, this pullback seems to have bottomed out, and prices are beginning to show a rebound trend.



Currently, the trading price of Ethereum has rebounded to around $4628. It's worth noting that the recent K-line chart shows an increasing number of green candlesticks, which is usually interpreted as a signal that buying power is gradually strengthening. The previous significant dip seems to have exhausted the selling momentum, and the market forces are undergoing subtle changes, providing some technical support for the bullish trend.

From a short-term trading perspective, the range of $4550 to $4600 may become an ideal price level to establish long positions. If the current resistance is broken, the next important target price may be around $4750. If it can maintain strength, the possibility of challenging the $4900 mark cannot be ruled out.

Of course, investors still need to be cautious, closely monitor market changes, and properly control risks. Ethereum, as an important participant in the cryptocurrency market, its trend not only reflects its own development status but also to some extent mirrors the dynamics of the entire industry. In the future, with the continuous upgrading of the Ethereum network and the improvement of the application ecosystem, its value potential may be further unleashed.
ETH-1.65%
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ser_we_are_earlyvip
· 08-15 03:51
LOL finally rise, I knew ETH couldn't hold on.
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