Market Background 📊

In the past two weeks, ETH's price has fluctuated, currently around 4630 dollars, one of the significant highs recently. Friends who have done their homework know that the price does not rise steadily but rather fluctuates—this is quite normal. Trading volume has significantly increased recently, indicating active funds and intense leverage battles between buyers and sellers. In the short term, market sentiment is somewhat optimistic, but there are still many hidden uncertainties.

Recent Market Review 🔄

The recent lowest price range for ETH is around 4400 dollars, with multiple rebounds from the 4538-4590 dollar range, indicating certain support here. Short-term resistance mainly lies around the 4645-4650 dollar range, with slightly further pressure areas at the 4800 dollar mark and previous highs nearby. Overall, ETH is cautiously moving upwards, as if challenging its own 'ceiling.'

Institutional Dynamics and Fundamentals 💼

Institutions continue to buy ETH. BitMine has made a significant entry in the past two days, adding over 130,000 ETH, which is equivalent to a buy order of 63 million dollars. With more stablecoin policies gradually advancing, the overall market foundation remains robust. Layer-2 expansion upgrades and the continuous prosperity of DeFi and NFT ecosystems provide strong support for ETH.

How to view the technical side? ⚙️

Technical analysis shows that the current price is steadily near the 'defensive line' of 4400-4450, and breaking below this point would require some effort. As long as this defensive line holds, ETH can continue to test the resistance area of 4600-4650. If volume increases, hitting 4700 or even 4800 is not a dream; however, any slackness is not allowed, as the risk of ambush can arise at any time if volume shrinks.

Trading Strategy Suggestions 💡

Currently suitable for friends with 'bullets' to buy in batches within the 4540-4570 range, risk control suggestion to set stop loss around 4370. Holders should pay attention to changes in trading volume; increase positions on high volume attacks, and suggest reducing positions for profit when volume weakens. Cautious investors can observe first and take action when market signals are clearer.

Risk Warning ⚠️

ETH is still in a high volatility period, with daily fluctuations exceeding 100 dollars, and frequent capital inflows and outflows. Remember to maintain key support, do not chase highs, and do not neglect to set stop losses. The uncertainty of the macro economy and policy is still present and may disrupt the rhythm at any time. Rational layout and avoiding excessive leverage are the keys to long-term success.

The above content is for information sharing only and does not constitute any investment advice! Follow me for more market updates every day.#ETH走势分析 #特朗普罢免美联储理事库克