The $ETH 4600 checkpoint is a watershed for investor sentiment.

Below 4600, there were still skeptical voices in the market; after the breakout, sentiment began to unify rapidly. The shift in investor sentiment is more direct than any technical indicator. When consensus is formed, the bullish power will be quickly amplified. The combined forces of on-chain locking, institutional increases, and application demand give prices the continuous upward momentum. 6000 in mid-September is not an aggressive prediction, but a natural extension of market structure.

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