From the analysis of the Ethereum weekly high-level indicators, there is a high probability that the upward trend will continue this week, and it may even reach a new high. On the technical side, the upward momentum of the 3-day MACD is continuing to accelerate.

The upward momentum of the weekly MACD is also strengthening simultaneously; the monthly level shows a long lower shadow bullish candlestick pattern, which is a typical signal for bullish sentiment. Combined with the expectation of a possible interest rate cut in September, Ethereum has the potential to break through the 5000 mark.

Ethereum can set up long positions in the 4230-4260 range, targeting 4500$BTC $ETH $SOL #币安Alpha上新 #以太坊生态回暖 #ETH巨鲸增持 #特朗普允许401(k)投资加密货币 #MichaelSaylor暗示增持BTC