Family, today let's talk about the big trend in Ethereum ETH! The recent market dynamics are super exciting, and the on-chain data is also very noteworthy. ETH is currently at a key breakout stage. Can it reach a new all-time high? There is a lot to learn here, so let's analyze it comprehensively together!

Recently, ETH has been incredible, directly breaking through the 'bull flag pattern' and firmly staying above 4100 USD! What does this mean? The short-term target is aiming for 4800 - 5000 USD. If it can successfully break through 5000 USD, the medium to long-term outlook is even more promising, potentially reaching 8000 - 10000 USD. The possibilities are vast!

Looking at the technical indicators, the RSI indicator is now at 68.99, already close to the overbought zone but not yet saturated, indicating that there is still room for growth, and there may be further upward momentum.

Another important signal is that the 'super whales' are accelerating their accumulation of ETH! Addresses holding more than 10,000 ETH have increased their holdings by 9.31%, a growth rate that is twice that of the pre-2022 bull market. Historically, after similar increases in holdings, price increases have exceeded 90%. It must be said that the actions of the whales are very valuable references.

Additionally, the expectations for staking ETFs are also attracting attention. If the first ETF with staking functionality, the Invesco Galaxy ETF, is approved in September, it would be significant, as a large amount of conservative capital would flood into the market, and the valuation logic of ETH as an 'income-generating asset' would be restructured, which cannot be underestimated in its impact on price.

Here, Hao Ge also brings you today's operating guide: consider going long around 4220 - 4245, with an initial target of 4294.13, then further looking towards 4310. From the trend of the past two days, it is very likely to break 4400. But everyone must remember that the cryptocurrency market is highly volatile, and investments should be approached with caution, ensuring proper risk management!