$ETH breaks through 4600, technical and capital resonance confirms the main upward trend
$ETH 's latest price has surpassed 4600, with a clear upward channel formed on the technical front, and trading volume steadily increasing, while short-term moving averages are rising rapidly. On-chain data shows that the number of active addresses and transaction counts continue to rise, with the DeFi and Layer2 sectors driving increased ecological demand. At the same time, large institutional addresses have seen a net increase of 5% in holdings over the past week, and the circulating supply continues to shrink. The dual push of main funds and market sentiment gives a high certainty for the 6000 target in mid-September. For investors, the current drawdown is limited, and missing the initial phase of the main upward trend will result in losing the best profit range.
Take advantage of the established trend to position for doubling potential.