Xiao O’s ETH Market Analysis Today

Today's Trend: ETH broke through $4800 today, reaching a four-year high, but the volatility is severe, with over $178 million liquidated in 24 hours, mainly driven by expectations of a Federal Reserve interest rate cut. The current price has slightly retreated, but overall remains strong. High volatility risks need to be noted.

Xiao O’s view on ETH's future trend: ETH is bullish in the short term, with market predictions indicating a high probability of challenging the $5000 mark, but caution is advised over high volatility risks and the pressure of potential adjustments from macro policy changes.

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