Explosive! Ethereum breaks through 4600, aiming for 5000.
Everyone, just now, Ethereum broke through 4600 on the Binance platform. This surge is insane!
Institutional investors continue to enter the market. Investments in Ethereum ETFs by giants like BlackRock are bringing in a steady stream of capital, and corporate buying is also driving demand. Technically, the moving averages are in a bullish pattern, and the MACD continues to diverge. The breakout above 4600 marks a new beginning, opening up upside potential.
Next, 4800 is the first small target. There is some resistance here, but bullish momentum is strong, and a breakthrough is possible. The 5000 mark is a strong resistance level, but at this trend, it's not out of reach. If it can hold above 4800, the surge to 5000 will be even faster.
If you already hold, don't get out easily. If you're interested in entering the market, wait for a pullback to around 4500-4550. Set a stop-loss to avoid being squeezed out. However, the cryptocurrency market is fraught with risk. Sudden changes in policies or market sentiment could trigger a sharp drop. Operate with caution and avoid going all-in.
Follow me for the latest cryptocurrency developments and ride the wave together! #ETH突破4400 #Ethereum #ETH走势分析 #CPI数据来袭 #Strategy增持比特币