The significance of $ETH 4600 is not just a number
Breaking through 4600 means that ETH has entered a key area of concentrated positions, and selling pressure has been effectively digested. The increase in on-chain trading activity, decrease in Gas fees, and revival of the DeFi sector are collectively driving demand. In this structure, price acceleration is the norm, not an accident. If the influx of funds remains strong, there is a high probability that 6000 in mid-September will become a reality. Currently entering the market, we are still in the first half of the trend.