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- 🍁 Golden Autumn, Big Prizes Await!
Gate Square Growth Points Lucky Draw Carnival Round 1️⃣ 3️⃣ Is Now Live!
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🗓️ Deadline: October 8, 2025, 24:00 (UTC+8) - 🥊 You’ve entered the Trading PK Arena, matching your opponent now...
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Gate’s brand-new Indicators Radar feature is live! Here you can:
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#数字货币市场回升 Recent Ethereum market analysis
In the past week, Ethereum has started to adjust after the market fully digested positive news, entering a continuous downward trend for seven days. During this period, the cumulative decline has exceeded 500 points, breaking the important psychological support level of 4000 dollars, causing market sentiment to turn cautious.
During the weekend, the main funds adopted a slight upward strategy, with prices once reaching the $4144 area, which may have been to attract retail funds to re-enter the market. However, from a technical perspective, the overall price trend is still constrained within a downward channel, making a significant breakthrough difficult in the short term.
From the perspective of trading strategies, investors may pay attention to short-selling opportunities when prices rebound to relatively high points, with a reasonable profit target range of around 30-50 points. Considering the current market structure, it is also wise to remain cautiously observant.
$ETH