$ETH Ethereum weekly support range 4200-4000, large funds have already started to position, institutions have recently bottomed out with a value exceeding 200 million USD.
Refer to this support range for phased accumulation, with 4000 being a strong support below.
Although SOL's recent performance is weaker than ETH, there is a demand for a rebound, supported by ETF expectations and rebound logic for its subsequent performance.
Market makers are expected to continue speculating on SOL, with a rebound likely to keep pace with ETH's rise.
The impact of this week's Federal Reserve meeting minutes is limited and will not change the expectation of a rate cut in September; this pullback has already cleared out most long positions, and the focus will be on the strong support area of 4000-4200.
In terms of altcoins, consider phased accumulation of LDO, UNI, AVAX, and LINK.
For the SOL ecosystem, pay close attention to PUMP, as recent protocol token issuance has been frequent, market share continues to rise, and on-chain capital inflow is evident, enhancing expectations for token buybacks.
RAY is under strong control by a whale, and every time the SOL ecosystem surges, RAY can lead the market.
Accumulate in phases, manage your position well, and wait for market stabilization signals.
