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Recently, the market performance of Ethereum (ETH) has attracted widespread attention. Reviewing earlier market analysis, we can see that the current price movement of ETH closely aligns with expectations. This not only validates previous judgments but also provides valuable references for investors.
According to previous views, ETH is expected to reach a high of $4700-$4800 in the short term, followed by a pullback to around $4000, with a recent target price of around $42000. This prediction framework provides investors with a clear market direction.
It is worth noting that although some investors may miss the best entry point due to not timing it accurately, there are always various opportunities in the market. For example, even establishing a short position after the price has already begun to fall can still yield considerable profits. This again emphasizes the importance of timing in the market, while also indicating that even if it's not the best timing, as long as the overall direction is correct, one can still profit from the market.
Based on personal trading experience, focusing on trend trading strategies in the past two months has yielded quite good results. Out of ten trades, eight were profitable, and the remaining two broke even. Such results are not only encouraging but also validate the effectiveness of trend trading strategies in the current market environment.
For cryptocurrency investors, closely following market dynamics and timely adjusting strategies is crucial. At the same time, maintaining calm and rationality, as well as controlling risks, is equally indispensable. In the future, the development of ETH and the entire crypto market will still be full of opportunities and challenges, requiring investors to continuously learn and accumulate experience to better grasp the market pulse.