eth

$ETH callback to 4350 is actually an opportunity
$ETH dropped from 4780 to 4350, and many people panic when they see the decline, but I think this is actually a good entry point. First, this pullback is mainly due to short-term profit-taking, coupled with a slight cooling of overall market sentiment, there has not been a large-scale outflow of funds on-chain. Looking at the data, the staking locked amount is still at a high level, indicating that the long-term bullish attitude of large funds has not changed. Secondly, 4350 is just close to the previous support level, and the technical aspect has support. Additionally, combined with the activity of the Ethereum ecosystem, DeFi trading volume and Layer 2 usage are steadily increasing, all of which provide the basis for the price to stabilize and rebound. If you are always waiting for a lower buying point, this might be the opportunity. Bottom-fishing requires the courage to act when others hesitate, and the next target remains to challenge 6000 in mid-September.
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