Looking at the daily chart, Ethereum has risen from 1384 to 4682 with almost no major pullback opportunities. The previous resistance at 4100 has been broken, and Ethereum is set to test its historical high. Yesterday, we made a short-term short position, as BTC had a shorting signal. This bull run continues, and Ethereum's performance is still quite good. Previously, when BTC was above 120,000, Ethereum's performance was weak, but now it can also be seen as a catch-up. I believe that the historical high at 4877 will not hold this time. Last night, the CPI data was released, which was lower than expected, and inflation data met expectations, indicating a significant chance of an interest rate cut in September. This news has also driven Ethereum to rebound, and Ether has started to pump. The future market will be dominated by altcoins, and during this time, everyone can follow the movements of altcoins and look for opportunities to make some positions.


Ether: 4676 long, target 4776. Defense 40 points. #BTC# #ETH#
ETH-2.43%
BTC-0.65%
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GoLongFriedRicevip
· 08-13 13:07
What altcoins can be referenced?
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TheLittleMonsterWhoKnowsHowvip
· 08-13 13:06
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