In the early hours of today, Ethereum exhibited remarkable performance in the crypto assets market. This major digital asset broke through its previous high, reaching a level of 4957 at one point, and subsequently experienced a certain degree of pullback. Currently, the price of Ethereum is in a consolidation phase around 4760.



Overall, the market still leans towards a bullish direction. Analysis indicates that after a brief consolidation, Ethereum may continue its upward trend and has the potential to break through previous highs again. However, for investors, grasping the right entry timing remains crucial.

In the current market situation, investors may consider adopting a cautious strategy. Engaging in short selling with a light position during the pullback could be a choice worth considering, but it is important to pay attention to quick entries and exits, and to respond flexibly to market changes.

In terms of specific operational suggestions, attention can be paid to the range of 4790 to 4850, where short positions can be established in batches. The corresponding target price can be set between 4730 and 4680.

However, it is important to emphasize that the Crypto Assets market is highly volatile. Investors should thoroughly assess risks before making any decisions and develop appropriate strategies based on their own investment goals and risk tolerance. Continuously monitoring market dynamics and adjusting strategies in a timely manner is crucial for achieving success in this market full of opportunities and challenges.
ETH2.21%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
GasFeeVictimvip
· 21h ago
Suckers have finally been liberated.
View OriginalReply0
GasFeeDodgervip
· 21h ago
Fufu has been acquired
View OriginalReply0
SandwichTradervip
· 21h ago
Everyone is lying flat, yet still doing these empty things.
View OriginalReply0
0xDreamChaservip
· 21h ago
It's better to buy salt goose coin.
View OriginalReply0
PermabullPetevip
· 21h ago
Already went all in, to da moon
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)