BlockBeats news, on August 13, Ethereum (ETH) broke through $4600, just under 5% away from the historical high of $4868 in November 2021. This price breakthrough has attracted widespread attention in the market, with many investors believing that ETH may have entered a phase peak and cautioning against a significant pullback in the short term. BiyaPay analysts point out that as ETH prices continue to rise, market sentiment is gradually becoming cautious. Although ETH, as the leader of smart contract platforms, still has a positive long-term outlook, it may face pullback risks in the short term. Therefore, investors should pay attention to market fluctuations and manage risks effectively. In such a market environment, the BiyaPay platform offers users a variety of trading options. The platform supports the mutual exchange of over 200 cryptocurrencies, including BTC and ETH, and both spot and contract orders have zero transaction fees, greatly reducing trading costs. Additionally, users can trade USDT for US and Hong Kong stocks on BiyaPay, allowing them to switch freely between digital assets and the global stock market, capturing diverse investment opportunities in one place.

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