The price movement of Ethereum (ETH) is attracting widespread attention in the market. According to some analysts' predictions, ETH may experience a complex price fluctuation process. Firstly, the ETH price is expected to break through its historical high, reaching close to $5000, which could force a large number of shorters to close their positions. Subsequently, a pullback may occur, bringing the price back to the range of $3800 to $4000.



After experiencing this pullback, ETH may enter a stage of oscillating upward movement, ultimately reaching new heights of $5300 to $5600 by the end of September or early October. However, it is worth noting that after completing this wave of increase, the market may shift to a trend of oscillating downward.

This price movement prediction reflects the high volatility and uncertainty of the cryptocurrency market. Investors and traders should closely follow market dynamics and consider various factors, including technical analysis, market sentiment, and macroeconomic environment, to make informed investment decisions.

Nonetheless, we must also recognize that any price prediction carries uncertainty, and the actual market movement may deviate from expectations due to various factors. Therefore, it is crucial to maintain rationality and risk awareness when participating in cryptocurrency trading.
ETH-1.2%
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LightningSentryvip
· 08-16 23:02
bull run revival
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CommunityJanitorvip
· 08-14 11:50
retail investors who have been losing money
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APY追逐者vip
· 08-14 11:46
enter a position and it's done
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SchrodingerWalletvip
· 08-14 11:42
It's still accurate to look at on-chain data.
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DeadTrades_Walkingvip
· 08-14 11:35
In my dreams, it's all BTC to da moon.
View OriginalReply0
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