Crazy! Ethereum breaks through $4600, is the bull market really here?

Family, witness history! Ethereum (ETH) has strongly broken through the $4600 mark, directly igniting the cryptocurrency world.

In the past few months, the performance of Ethereum has been nothing short of crazy, skyrocketing all the way. Since the beginning of the year, institutional funds have flowed into Ethereum ETFs in large amounts, with major players like BlackRock entering the market, providing strong financial support for Ethereum. Corporate buying has also not lagged behind, with companies like SharpLink Gaming hoarding coins, resulting in astonishing holdings. Additionally, the Ethereum ecosystem continues to explode, with high enthusiasm for DeFi and NFT projects, attracting a large number of users and funds.

From a technical perspective, the moving average system shows a bullish arrangement, and the MACD indicator has been diverging above the zero axis, indicating strong bullish momentum. Having previously failed multiple times to break the $4600 mark, this successful breakthrough is significant, directly opening up new upward space.

Many people are asking, what should we do next? For friends who already hold coins, hold on tight and don’t get shaken off by short-term fluctuations. For those looking to enter, don’t blindly chase the highs; wait for a price correction to around $4500 - $4550 before considering, as this is a key support level with strong buying support.

But I must remind everyone, the risks in the cryptocurrency world are high, and sudden changes in regulatory policies or market sentiment can trigger price crashes. Always control your position size when trading, and avoid going all in.

Follow me to catch the latest developments in the cryptocurrency world in real-time, and let’s ride the waves together in the crypto space! #ETH突破4400 #机构疯抢以太坊 #Strategy增持比特币 #ETH🔥🔥🔥🔥🔥🔥 #ETH大涨