4600 has been reached! A new high for ETH is imminent, these key points you must pay attention to 🔥🔥
Today, let's not focus on how many major events are happening in the market, such as BitMine potentially raising $20 billion to purchase ETH, how much SharpLink has bought, the core CPI being higher than expected, etc., let's get straight to the point!! 👇👇
1. It is expected that ETH will break through the previous high of 4871 soon, with a high probability of pushing up to the key level of $5000; this will signify the third phase of the bull market.
2. However, once it breaks through $5000, it is advisable to take profits, as the next pullback for ETH is expected after 4871 or 5000, and it will not be small, likely no less than 10%.
3. Altcoins will experience a rise after ETH breaks through the previous high of 4871, and their growth rate will start to exceed that of ETH (currently lagging behind ETH); remember that large-cap altcoins will be the first to benefit, followed by mid-cap, and finally small-cap altcoins.
4. The pullback is likely to occur in September, and after a period of adjustment, it will push into the final phase of this bull market, at which point BTC and ETH will set new historical highs, and perhaps the altcoins you hold will also fill your pockets.
