The Structural Logic Behind $ETH 4600
The rise of $ETH to 4600 is not driven by a single favorable factor, but rather the result of multiple fundamental factors overlapping. The continuous decline in Ethereum network transaction fees, improvement in on-chain throughput capacity, and significant enhancement in user experience have brought more practical use cases for DeFi, NFTs, and gaming applications. At the same time, the amount of staked ETH has reached an all-time high, reducing the circulation pressure in the secondary market. Technical analysis shows that 4600 is a key breakthrough point; once stabilized, the price will enter a zone with no significant resistance, and there is strong momentum to challenge 6000 by mid-September. For those holding short positions, the cost of waiting has gradually exceeded the cost of establishing positions.
Seize the opportunity and capture structural chances.