ETH Returns to $4700, Has the Fed's Rate Cut Bull Market Already Started?
Breaking News
ETH has strongly returned to $4700, with the market anticipating the Fed's rate cut in September, on-chain funds are active, and the bull market atmosphere is heating up.
Trading Guide
ETH bulls are in control, light positions can be taken in the 4440-4420 range, with a stop loss at 4377. If it closes above 4500, positions can be added in batches. Aggressive short-term traders can consider following the whale with 25x leverage. If encountering resistance at 4530-4560, positions can be reduced or reversed to short, with a stop loss at 4563 and a target of 4450. OBV volume continues to lead, suitable for quick in-and-out trades, while conservative mid-term traders can accumulate in batches.
Wishing you successful trading!
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