Recently, the performance of the Ethereum (ETH) market has attracted attention. From the current situation, it may soon enter a consolidation phase on the 4-hour chart. This week, the possibility of ETH continuing to rise significantly has decreased, and it may enter a correction period in the short term.



Although a price rise is often seen as a signal for selling, this does not mean that all holders will completely sell off at this time. However, pullbacks and fluctuations are almost inevitable. Based on the current trend, we expect ETH to pull back to around the level of $4150.

Considering this possibility, it is recommended that investors holding long positions may consider moderately reducing their positions to mitigate potential risks. When the price falls back to around $4150, they should reassess the market situation and decide whether to re-enter or increase their positions.

It is important to note that the cryptocurrency market is highly volatile, and investors should operate with caution and manage risks effectively. At the same time, it is essential to closely follow market trends and fundamental news, as these factors can significantly impact the price of ETH.
ETH3.44%
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SingleForYearsvip
· 08-14 07:58
runs faster than XTZ
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WalletDetectivevip
· 08-14 05:32
Has the momentum passed? It hasn't even fallen much~
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ShibaOnTheRunvip
· 08-13 11:43
The pro seems to be very professional, so I followed and jumped in.
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GetRichLeekvip
· 08-11 08:49
I will definitely do Margin Replenishment tonight. I have already been played people for suckers and can't feel the pain anymore.
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FastLeavervip
· 08-11 08:41
4150 just a pullback? I can't believe it.
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MetaverseVagabondvip
· 08-11 08:39
This fall is too soft, little bull market is bullish~
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HappyToBeDumpedvip
· 08-11 08:24
Is it time to Be Played for Suckers again?
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