Comprehensive Analysis and Trends of ETH Market in Early Morning

Short-term moving averages are in a bullish arrangement, with 2-hour candlesticks continuously closing positive and the highs and lows gradually rising. MACD momentum is increasing, indicating a short-term upward trend.

Ethereum spot ETF has seen a net inflow for 4 consecutive days (+$455 million), and corporate treasury holdings continue to increase (e.g., SharpLink holds $3.7 billion).

Expectations for a Federal Reserve interest rate cut are rising (September rate cut probability at 67.5%), driving funds towards high-yield risk assets.

A large amount of ETH has been withdrawn from exchanges to private wallets (over $1 billion in August), reducing selling pressure.

In terms of operations, Yang suggests watching the range around 4580-4610, aiming for 4670 and then observing around 4750 for market fluctuations, responding flexibly based on market operations. #ETH🔥🔥🔥🔥🔥🔥