ETH is challenging the $4700 mark! The current price of ETH/USDT on OKX is $4699.57, just one step away. In the past 5 minutes, the increase has reached 0.71%.

The cryptocurrency market is always full of uncertainties. This small rise may seem insignificant, but it conceals the undercurrents of a tug-of-war between bulls and bears. Whether or not the key price level is broken often triggers a chain reaction—if it successfully stabilizes above 4700, it is likely to stimulate follow-up buying, pushing the price higher; however, if it faces resistance and falls back, the short-term adjustment pressure will surge.

I have observed the recent trends and found that market sentiment is in a state of entanglement: "eager for a breakthrough, yet afraid of getting trapped by chasing highs." During such times, one must be wary of the traps within market fluctuations: don’t let short-term gains cloud your judgment, and don’t miss opportunities due to hesitation. Opportunities and risks in the cryptocurrency market are always intertwined; the more critical the point, the more one must remain clear-headed—when prices surge, it’s even more important to keep an eye on the flow of funds in the market and not be led by emotions.

In summary, ETH is now hovering at the $4700 mark. It will soon be clear whether it will break through to open up new space or turn back down. Everyone, keep a close watch and don’t wait until the market runs far away before reacting. #ETH突破4600 #机构疯抢以太坊 #CPI数据来袭