Golden Finance reports that Matrixport has released its daily icon analysis, stating that the market focus remains on Ethereum and Ethereum treasury companies. Currently, Ethereum maintains an upward trend and has rebounded from its moving average position, with the 'buying on dips' strategy from early to mid-August showing significant results. However, the current upward momentum is weakening. We expect Ethereum's price to fluctuate between $4,355 and $4,958, and it may retest the support level below $4,355. The subsequent trend largely depends on how much funding companies holding Ethereum treasury assets can raise, as well as the market narratives these companies convey (Note: 'narrative' refers to project stories, strategic directions, etc., that influence market sentiment). This remains a core issue in the cryptocurrency field—whether to respect technical analysis could be the key difference between profit and loss.

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