Ethereum has finally climbed to the $4000 mark.


Ethereum has finally climbed to the $4000 mark, which is a fierce battleground for investors. Just touching $4200, today is truly memorable! This is the fourth time in eight years that each time we approach this number, it has collapsed – down 65% in 2021, two pullbacks of more than 40% in 2024, and July this year also faced difficulties.
Currently, the entire network is focused on the K chart, with both sides placing 6.77 million sell orders and 12.47 million buy orders. If the price hits 4000, it will trigger a sell-off, and if it drops below 3800, it will trigger a buy-off.

The big players are at play: On one side are the anonymous large investors who just poured 49 million USD worth of ETH into exchanges in preparation for a getaway, while on the other side, organizations are buying 40.5 million USD through the OTC market, with even one company seeking 5 billion USD in funding to wait for the bottom.

Retail investors are stuck in the middle - they're afraid to buy because they might receive stocks, and they're afraid to sell because they might miss out.

The opportunity for the Federal Reserve to cut interest rates in September is 92.7% with the ETF betting on the fundamentals.
Now this position either flies towards the stars and the sea, or continues to wash the dishes;

Note, let's slowly become rich together. #加密货币# financial mindset #Ethereum

If you have something to say, please come and comment.
ETH-0.7%
LEO0.16%
LA-2.49%
HAI-1.09%
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