Since September, Ethereum (ETH) has performed strongly, rising from $3950 to $4350, an increase of 11%. Currently, ETH is only 14% away from its ATH. Market analysis shows that ETH has broken through the triple top resistance level and stabilized, outperforming Bitcoin (BTC). On the technical side, the $4240-$4210 range could become the next breakout point, likely pushing ETH to create a new high.



Meanwhile, the cryptocurrency market is迎来多重利好消息. It is reported that Trump is considering allowing 401(k) retirement accounts to invest in cryptocurrencies, which will bring a large amount of new funds to digital assets. In addition, the Federal Reserve's attitude towards Bitcoin also seems to be softening, with market rumors that it may consider holding Bitcoin reserves. These policy changes could have a profound impact on the entire cryptocurrency ecosystem.

On the other hand, the interest of enterprises in cryptocurrencies continues to grow. Reports indicate that a well-known company is increasing its holdings in Bitcoin, further confirming the confidence of institutional investors in digital assets.

Overall, Ethereum's strong performance, potential policy benefits, and the continued participation of institutional investors have jointly driven the pump in the cryptocurrency market. However, investors still need to be wary of market volatility and view short-term price fluctuations rationally.
ETH0.26%
BTC-1.91%
TRUMP-3.36%
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HashRatePhilosophervip
· 17h ago
Still hesitating whether to enter a position?
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LightningAllInHerovip
· 08-11 20:52
It's getting better, just finish it.
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LiquidityWizardvip
· 08-11 20:49
theoretically speaking, 14% from ath = optimal entry for momentum plays
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GateUser-3824aa38vip
· 08-11 20:33
It's going to rise again.
View OriginalReply0
LiquidityNinjavip
· 08-11 20:29
The market is open, let's go!
View OriginalReply0
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