The recent performance of Ethereum (ETH) prices has been noteworthy. Despite market rumors that ETH reached $4150, the actual low was only $4153. Market analysts point out that the closer the ETH price gets to the $4150 mark, the greater the possibility of a rebound.



Earlier, there was a trading suggestion to go long near $4300. According to the latest market conditions, it is recommended to reduce half of the position and closely monitor whether $4150 will be breached. The performance at this price point will be a key indicator in determining whether ETH will enter a slight correction and consolidation phase.

For investors, the current ETH market presents a complex situation. On one hand, the support at the $4150 level still exists, while on the other hand, the market is also weighing the potential rebound risks. In this scenario, investors need to remain vigilant, closely monitor market trends, and flexibly adjust their trading strategies.

It is worth noting that the cryptocurrency market has always been highly volatile, and investors should act with caution when making any trading decisions, thoroughly assessing the risks. At the same time, continuously monitoring the macroeconomic environment, changes in regulatory policies, and the technical development of the Ethereum network, as these factors may have a significant impact on ETH prices.
ETH-2.61%
View Original
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
SchrodingersFOMOvip
· 08-13 06:08
Ah Han, just squat short when you see 4150.
View OriginalReply0
RektRecordervip
· 08-13 05:54
Still waiting for the fall? Keep waiting to eat dust.
View OriginalReply0
ApeDegenvip
· 08-13 01:18
Let's pump up the long order!
View OriginalReply0
ImpermanentLossFanvip
· 08-10 06:51
Just take a long order and that's it.
View OriginalReply0
NotGonnaMakeItvip
· 08-10 06:42
pump How to play now!
View OriginalReply0
TeaTimeTradervip
· 08-10 06:41
I had already fully invested in it.
View OriginalReply0
MoonlightGamervip
· 08-10 06:34
Let's go all in and have a look.
View OriginalReply0
AllInDaddyvip
· 08-10 06:28
The shuttle hasn't been pumped full yet.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)