The cryptocurrency market has seen an astonishing surge, with the price of Ethereum (ETH) breaking through the $4000 mark, sparking enthusiastic discussions among investors about future trends. Two main driving forces are behind this surge: first, the market widely expects that interest rates may be cut in September, with a probability as high as 90%; secondly, there has been a significant breakthrough in U.S. policy allowing citizens to invest their retirement funds in cryptocurrency.



The combined effect of these two positive news has significantly boosted market confidence. As Ethereum breaks through the $4000 mark, investors are increasingly focusing on higher levels. Technical analysis shows that if ETH can break through its historical high, the next major trend target may reach around $9000.

However, despite the strong market sentiment in the short term, investors should remain cautious. The cryptocurrency market is highly volatile, and price movements are influenced by various factors. Although positive news currently dominates, the market environment is rapidly changing, and investors should closely monitor global economic conditions, regulatory policy changes, and technological developments, while ensuring proper risk management.

Regardless, this surge of Ethereum once again proves the vitality and potential of the cryptocurrency market. As institutional investors and the general public's acceptance of crypto assets continues to rise, we may be witnessing the dawn of a new financial era. How the market will unfold next, let us wait and see.
ETH5.3%
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SolidityJestervip
· 21h ago
Start charging, continue to pump.
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TestnetNomadvip
· 08-11 08:51
May I ask if all the pros have entered a position?
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SignatureCollectorvip
· 08-11 08:51
I won't look at 4000, let's talk about 9000 later~
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SerumSqueezervip
· 08-11 08:48
All in a hand? Is it not?
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CryptoSurvivorvip
· 08-11 08:46
Can you reach the sky with just 9k?
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