📣 Creators, Exciting News!
Gate Square Certified Creator Application Is Now Live!
How to apply:
1️⃣ Open App → Tap [Square] at the bottom → Click your avatar in the top right
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Note: You need to update App to version 7.25.0 or above to apply.
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The recent price movement of Ethereum (ETH) has attracted widespread attention in the market. From the current Futures Trading situation, it seems that ETH has formed a solid support level around $3990. Although some investors have chosen to take profits, there are currently no signs of large-scale dumping, indicating that market confidence in ETH remains strong.
Analysts generally believe that in the short term, ETH is expected to regain the level of $4100. It is worth noting that even if a brief pullback occurs, one should not blindly sell. On the contrary, many professional traders are closely following potential breakout opportunities, as once the key resistance level is broken, ETH may usher in a new round of increases.
From a technical perspective, the current price movement of ETH shows a state of building momentum. Although there may be some fluctuations in the short term, the overall trend remains positive. Investors should maintain patience, follow market developments, and simultaneously manage risks.
Overall, Ethereum, as an important player in the cryptocurrency market, not only reflects its own development status through its price movement but also influences the confidence of the entire blockchain industry to some extent. With the continuous improvement of the Ethereum ecosystem and the expansion of application scenarios, long-term bullish investors in ETH still dominate.