The Ethereum (ETH) market is currently at a delicate balance point. Although the unemployment claims data released tonight brought favourable information to the market, the ETH price encountered stubborn resistance around $4411, which has left many investors feeling anxious and confused.



Currently, the upward momentum of ETH seems to be significantly restrained. For investors bullish on ETH, breaking through the resistance level of $4500 could be the next important milestone. However, before breaking this key level, the market may continue to maintain a cautious attitude.

It is worth noting that although there may be challenges in the short term, the long-term prospects for ETH are still receiving widespread attention. The market's expectations of a possible interest rate cut by the Federal Reserve, as well as the trend of some listed companies starting to hoard cryptocurrencies, have added some optimistic factors to the future development of ETH.

However, regarding the current market conditions, professional investors suggest maintaining patience and caution. Blindly chasing highs before ETH breaks through key resistance levels may lead to unnecessary risks. Instead, closely monitoring market trends and waiting for clearer breakout signals may be a wiser strategy.

Overall, the ETH market is currently in a stage that requires patience and wisdom. Investors should remain calm, continue to pay attention to market developments, and wait for a more favourable entry opportunity.
ETH-0.11%
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StablecoinGuardianvip
· 09-07 13:29
This broken 4400 just can't be passed.
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Deconstructionistvip
· 09-07 11:30
What are you panicking about? Everything is under control.
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SlowLearnerWangvip
· 09-07 08:38
I only know to buy the dip when it falls, and I only want to buy the dip when it rises.
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RektHuntervip
· 09-04 14:46
Still tangled up about how to handle 4500.
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ApeWithNoChainvip
· 09-04 14:46
Once it's done, To da moon. Just don't panic, and it's all good.
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defi_detectivevip
· 09-04 14:42
Is this it? Entered a position in the morning.
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NotSatoshivip
· 09-04 14:40
Is this small rise really called a bull run?
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airdrop_whisperervip
· 09-04 14:30
All in and it's done.
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PumpStrategistvip
· 09-04 14:29
The RSI has already peaked, and those who chase in now are the dumb buyers.
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UnluckyValidatorvip
· 09-04 14:24
Whether you enter the market or not, it's a loss, tragic.
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