KastielLabs
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Bullish
$ETH 4600, FOMO sentiment is spreading
After standing at the 4600 mark, the market's mentality began to shift noticeably. Funds that were originally waiting for a pullback are now starting to worry about missing out on opportunities, and FOMO sentiment is rapidly heating up. On-chain activity, trading volume, and institutional holdings are all amplifying simultaneously, which is a typical characteristic of a main upward wave. Once sentiment and funds form positive feedback, the speed of price increase will far exceed expectations. By mid-September, 6000 is no longer just a slogan, but rather the outcome of a campaign being pushed forward by the bulls. For those who are still hesitating, time is the greatest cost.
$ETH
After standing at the 4600 mark, the market's mentality began to shift noticeably. Funds that were originally waiting for a pullback are now starting to worry about missing out on opportunities, and FOMO sentiment is rapidly heating up. On-chain activity, trading volume, and institutional holdings are all amplifying simultaneously, which is a typical characteristic of a main upward wave. Once sentiment and funds form positive feedback, the speed of price increase will far exceed expectations. By mid-September, 6000 is no longer just a slogan, but rather the outcome of a campaign being pushed forward by the bulls. For those who are still hesitating, time is the greatest cost.
$ETH
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