The current crypto assets market is at a critical moment, and the trend of Ethereum is particularly noteworthy. Analysis shows that before hitting a new high of $4800, Ethereum may form a short-term bottom around $4400. During this process, a pullback is also expected, and its importance should not be overlooked.



Professionals predict that ideally, Ethereum could stabilize in the range of $4420 to $4460. If this is the case, most small Crypto Assets (commonly known as "altcoins") will not fall below key support levels, but will run above previous pullback lows and perform respectively with the rise of Ethereum.

However, if Ethereum experiences a significant pullback and falls below $4400 or even enters the $4300 range, the market dynamics may shift to searching for support and enter a consolidation phase. This situation is unfavorable for small crypto assets, and many coins could sharply decline, nearing historical lows, forming a so-called "double bottom" pattern. Especially for some newly issued crypto assets, there is even a possibility of creating new lows.

Overall, the trend of Ethereum will largely influence the direction of the entire crypto assets market. Investors should closely monitor the key price level of $4400, as it may become an important indicator for determining the short-term market trend. In this uncertain market environment, it is crucial to remain vigilant and conduct rational analysis.
ETH3.18%
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MEVictimvip
· 08-16 05:08
4k is too weak, right?
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AirdropChaservip
· 08-16 01:26
Already waiting for the Rebound after eating melon.
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SchrodingerAirdropvip
· 08-15 08:52
Airdrop is the real truth.
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GateUser-74b10196vip
· 08-15 08:52
Mainly observe to prevent being Tied Up
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PhantomMinervip
· 08-15 08:48
Just waiting to enter a position at 4400
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NeverVoteOnDAOvip
· 08-15 08:45
Hoarding coins for the winter is enough.
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StableBoivip
· 08-15 08:37
The time to increase the position has not come.
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NftPhilanthropistvip
· 08-15 08:29
hodl to help
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