How are the friends keeping up with the captain's pace?? Have you all eaten the big meat worth 100 points!! #ETH

ETH retraced to $4326, is it a buildup for a rise or a prelude to a crash?

Hello, crypto friends, I am your old friend Captain. Today let's talk about the latest trends of Ethereum. Currently, the ETH price has retraced to $4326, and many crypto friends are asking how much it will rise in the future, or whether it will break a certain key point? Don't worry, Captain will analyze it in detail for everyone.

First, let's take a look at the ETH price chart. From the chart, we can clearly see that after experiencing a wave of increase recently, ETH is currently in the retracement phase, with the current price around $4326. This position is very critical because it is close to the second support level we mentioned earlier at $4310. If this support level can be effectively defended, then ETH is expected to continue its upward momentum.

So, what is the target point for ETH in the future? According to Captain's analysis, if the market can rise to the $4340 level, then we can consider chasing long positions, targeting $4380. This is because $4340 is a key resistance level; once it is broken, the upward space will be opened.

However, risks in the crypto world are everywhere, and we must also be prepared for a drop in ETH. If ETH breaks below the $4310 support level, then the next strong support level is around $4282. If this level is also broken, then ETH may further explore downward, potentially triggering a wave of panic selling.

Speaking of this, Captain wants to share a small tip for trading—set stop-loss and take-profit points. In the crypto world, risk control is always the top priority.

Now, back to the ETH trend. Captain believes that ETH is currently at a critical decision point. Is it a buildup for an upward move, breaking through strong resistance, or breaking below the support level, starting a downward mode? We need to closely monitor market changes.

So, how will ETH perform in the future? Will it rise to $4380, or break below $4310? This depends on the market's bullish and bearish competition and the changes in news. Captain will continue to pay attention to ETH's trends and bring everyone the latest analysis and predictions in a timely manner.

The crypto world has risks, and investment requires caution. But as long as we master the right methods and techniques, we can definitely share a piece of the pie in this market. Captain is with you, let’s work hard together!

Rather than just watching from the sidelines, why not join Captain and burn together!

#ETH #美联储降息预期