This afternoon, $ETH experienced a strong rise of 100 points to 4490, followed by a pullback to 4390, with a fluctuation range of around 100 points, which can be understood as a normal washout action.
Compared to last week's significant fluctuations, this level of volatility is completely bearable for retail investors, and the overall structure is even healthier. The trend remains bullish, and with the interest rate cut in September approaching, it is a good time to position in mainstream coins and quality altcoins.
Many people mistakenly believe that the bull market has ended, but the reality is that the bull market has just begun, and the real madness is yet to come!