$ETH 4600: A new round of main upward wave has begun
ETH breaks through 4600, which means the curtain has been raised on the main upward wave. Unlike the previous volatile market, this time the rise is supported by solid fundamentals. First, large on-chain transfers and staking volumes are rising simultaneously, indicating significant movement from major funds; secondly, the technical indicators show a full bullish alignment of the moving average system, with RSI, MACD, and other indicators in a healthy range, showing no signs of overheating. More importantly, the Ethereum ecosystem is continuously expanding, with Layer 2 and DeFi demand being steadily released, which truly supports the price growth. For investors, breaking through 4600 is a confirmation signal of a trend reversal. Any hesitation now may result in missing out on the maximum profit zone of the main upward wave. The target for September is 6000, and from now on, it is no longer just a prediction, but a gradual process of realization.
