After 8 consecutive days of rise on the Ethereum daily chart, a pullback has occurred, which is a healthy market performance—no non-funding asset can continuously rise in one direction. A moderate pullback can instead build momentum for subsequent pushes to higher levels, so there is no need to panic.

Core support factors for independent Ethereum market

- Institutional layout is active: 7 listed companies are following MicroStrategy by directly purchasing ETH, keeping funds in the market and driving up prices.
- Staking ETF Expectations: Institutions like BlackRock have submitted applications for ETH staking ETFs, and the market expects the SEC to grant unified approval in October. Institutions have started making large purchases to seize the opportunity.
- Interactive market effect: As the leading altcoin, the price increase of ETH stimulates active capital in the market, creating a posi

Market Analysis and Opportunities

Money can be earned endlessly, but it can also be lost overnight.

The wisdom of trading lies in waiting. If the time is not right, it is better to miss out than to take the risk of making a mistake.

There are countless types of market noise, and everyone has their own opinion. Stick to your own rhythm and don't let others' Hamlet disrupt your peace of mind.

Market Analysis and Opportunities

The current market is showing a lack of performance over the weekend due to insufficient inflow of funds from listed companies and institutions. It is expected that the next two days will primarily be characterized by adjustments and fluctuations, and the subsequent market trend will need to focus on the purchasing power release of listed companies next week. In terms of operations, it is recommended to temporarily avoid alts at the current high levels, and to wait for the market activity to rebound on weekdays before making strategic arrangements, responding rationally to the current adjustme

Market Analysis and Opportunities

- Key Point: Yesterday it was stated that "altcoins can only rise after ETH holds above 3500". In response to the market view that "Bitcoin, Ethereum, and altcoins are completely segmented", it emphasizes the one-sidedness of this perspective - the lack of altcoin rise driven by Ethereum is a phase phenomenon, not a long-term logic.
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- Trend analysis review: Last week it was confirmed that Ethereum holds above 3000 points, which allows for firm holding. Holding above 3500 points will activate the activity of on-site funds and FOMO sentiment, driving altcoins to rise, with the next target poin

Market Analysis and Opportunities

Ethereum's rise continues, with key levels becoming altcoin indicators: $3500 needs to hold above to trigger altcoin's initial reaction, and $4100 will further activate the altcoin follow-up effect.

Market Analysis and Opportunities

Market Analysis and Opportunities

- From the daily level, BTC has formed a typical gravestone doji pattern, which is an important signal of a potential peak.
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- Based on a comprehensive assessment, the probability of BTC breaking through 123,000 USD in the near term is low, and it is likely to enter a sideways consolidation mode.

Market Analysis and Strategy