The Asian market Ethereum has fallen to 4192. If Ethereum does not hold at 4150, it will drop deeper below. If there is a significant drop in this range, it will be difficult to hold long positions if the 4-hour chart does not recover.
Sainaweb3
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After the weekend repairs, Ethereum has reached the range of 4150-4350 again. Bitcoin has reached 115000, and we need to observe the support situation in the range of 112000-113000. The major factor affecting the market in the future is whether interest rates will be cut in September. The impact of the selling pressure from Ethereum's node stakers redeeming their stakes will depend on whether there are buyers willing to take this part of the supply. Volatility may be significant, and the direction is likely to emerge quickly.
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