The crypto assets market has recently shown a positive trend, with the performance of Ethereum (ETH) being particularly noteworthy. In recent trading, ETH successfully broke through the psychological barrier of $4000, a movement that has attracted widespread attention in the market.



Data shows that as the price of ETH rises, approximately $105 million in short positions were forced to close, further enhancing the bullish sentiment in the market. Analysts point out that if ETH can continue to maintain its upward momentum and break through the key resistance level of $4100, we may see more intense price fluctuations.

Market experts believe that once the ETH price breaks through $4100, it could trigger a rapid increase, potentially pushing the price to the range of $4400 to $4500. This potential increase may be due to short sellers being forced to cover their positions, further driving up the price.

However, investors should remain cautious as the Crypto Assets market has always been highly volatile. Despite the current optimistic market sentiment, price trends may still be influenced by various factors, including but not limited to global economic conditions, changes in regulatory policies, and the behavior of large institutional investors.

With the continuous development of the Ethereum ecosystem and the upcoming network upgrade, many observers believe that ETH has long-term growth potential. However, whether it can break through key resistance levels and reach new highs in the short term remains to be further validated by the market. Investors should fully consider risk factors and maintain a rational attitude when making decisions.
ETH-1.08%
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MoonlightGamervip
· 31m ago
eth is coming
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AirdropSkepticvip
· 4h ago
Enter a position, don't say I didn't remind you.
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SorryRugPulledvip
· 08-10 21:34
All in All in All in done
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PortfolioAlertvip
· 08-09 04:50
Speechless, another wave of suckers entering at a high position.
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BearMarketSurvivorvip
· 08-09 04:50
Get Liquidated on short order
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OvertimeSquidvip
· 08-09 04:50
Going up to 5000 is just pointless fussing.
View OriginalReply0
BankruptWorkervip
· 08-09 04:43
I will be eating instant noodles for another week.
View OriginalReply0
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