Ethereum's recent performance has been remarkable, becoming the focus of the Crypto Assets market. After experiencing a round of volatile adjustments, the price of Ethereum has risen strongly, breaking through the 4000 USD mark, initiating a new round of bullish trends.



From a technical analysis perspective, the four-hour K-line chart of Ethereum shows a continuing upward trend, with no obvious signs of a pullback, indicating strong pump momentum. At the weekly level, Ethereum has broken through the highs of last year and this year, and this breakout is significant, further confirming Ethereum's rise trend, with bullish forces dominating.

In the short term, the market will closely monitor the key resistance level around $4380. If Ethereum can break through this level, it is expected to continue pumping to around $4800, creating conditions for challenging the historical high. However, if resistance is encountered and unable to break through around $4380, a pullback may occur to digest previous gains and profit-taking.

It is worth noting that with the rise in the price of Ethereum, other projects within the Ethereum ecosystem have also begun to become active. This indicates that the profit effect in the market is spreading, investors' risk appetite has increased, and they are starting to pay attention to other potential projects within the Ethereum ecosystem. The overall activity and enthusiasm in the entire crypto assets market have also risen accordingly, reflecting an overall improvement in market sentiment.

However, investors still need to be cautious, closely monitor market trends and potential risks, and manage risk effectively. The volatility of the Crypto Assets market is significant, and price movements may be influenced by various factors, including but not limited to regulatory policies, macroeconomic conditions, and technological developments.
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StakeOrRegretvip
· 16h ago
I've long gone all in on Ether.
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CryptoPhoenixvip
· 21h ago
The dawn after the big dump has arrived! Once again, rebirth through nirvana.
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TradFiRefugeevip
· 21h ago
Bull also needs to remember to Rug Pull.
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PumpDetectorvip
· 21h ago
seen this pattern before... smart money loading up quietly at 4380. dyor but ykwim
Reply0
OldLeekNewSicklevip
· 21h ago
Is it a good time for new suckers to get on board again? Looking forward to taking a glance at close all positions while slacking off at work.
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NotGonnaMakeItvip
· 22h ago
Bought according to the five k in my dream, what else is there to say?
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