Since August 3rd, the secondary market has been continuously rising, having increased by 1300 typical spaces, without any significant pullback. Influenced by last night's CPI data, all altcoins except Bitcoin have broken through their recent highs. If Ethereum can break and stabilize above 4700, 4800 will come quickly. Overall, it is still an upward trend, and it might be good to wait for a slight pullback to go long.

Buy Ethereum around 4600, target 4800.

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