KastielLabs
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Bullish
$ETH now at 4780, the market is more stable than you think
$ETH has now reached 4780, this is not a random breakthrough, but both technical and fundamental aspects are telling us: the bulls have gained an absolute advantage. If you look at the on-chain data, large wallets are continuously increasing their holdings, and the amount of staked and locked assets is rising, meaning that the circulating ETH is becoming less and less, naturally reducing selling pressure. Moreover, with the growth in the use of Layer2 and DeFi, market demand is simultaneously pushing prices up. In the short term, the adjustment space is limited, and there is a clear path to the target of 6000 by mid-September. If you don't enter the market now, you might find yourself wanting to buy after prices rise, which would mean buying at a high point. This phase is the early stage of a main upward wave, so seizing the opportunity is the most important thing.
$ETH
$ETH has now reached 4780, this is not a random breakthrough, but both technical and fundamental aspects are telling us: the bulls have gained an absolute advantage. If you look at the on-chain data, large wallets are continuously increasing their holdings, and the amount of staked and locked assets is rising, meaning that the circulating ETH is becoming less and less, naturally reducing selling pressure. Moreover, with the growth in the use of Layer2 and DeFi, market demand is simultaneously pushing prices up. In the short term, the adjustment space is limited, and there is a clear path to the target of 6000 by mid-September. If you don't enter the market now, you might find yourself wanting to buy after prices rise, which would mean buying at a high point. This phase is the early stage of a main upward wave, so seizing the opportunity is the most important thing.
$ETH
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