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The price performance of Ethereum (ETH) is remarkable, gradually approaching its ATH of $4868. However, market analysts point out that before hitting new highs, ETH may need to undergo a healthy pullback. Currently, investors and traders are closely watching the key daily support level of $4450. If ETH can hold steady at this position, it will lay the foundation for further upside. However, if the daily close falls below this level, it may signal a short-term trend shift to bearish, providing ETH an opportunity for a pullback to around $4000. Analysts believe that 4000 USD is an important psychological barrier and technical support level. If ETH can gain strong buying support at this level, it will not only consolidate the previous gains but may also build momentum for the next rally. Despite potential pullbacks in the short term, the long-term outlook for Ethereum remains generally optimistic. With the ongoing upgrades to the Ethereum network and the expansion of the decentralized finance (DeFi) ecosystem, the fundamentals supporting ETH remain strong. Investors should closely monitor market trends and manage risks wisely. Whether it is breaking new highs or experiencing a pullback, both may present opportunities for market participants.

Attention all crypto world frens: Everything is going as expected! This week's previous high will definitely be broken! It has been realized! Strength! Recently, the market has been experiencing a pattern of rising sharply and then falling back, with more gains than losses! In the early morning, there was a sharp drop below around 117,000! A rebound near 119,000! Continue to look bearish in the second half of the night, with another pullback around 117000, followed by a slow rise! After two pullbacks near 117000, a bottom has already been established! Currently, we are in a consolidation and recovery phase! After the pullback and consolidation are completed, we will continue to push for new highs next week! Friends who haven't entered the market yet must seize the pullback in the bull market! Grab this opportunity to make money! Next week, Bitcoin will surge! Altcoins will explode and rise sharply, but not all altcoins will experience explosive growth! As for what to buy, it all depends on your strength and understanding! Let's explore why this wave of copycats is relatively sluggish! The reason is simple: Bitcoin and Ethereum have surged, and many have missed out on the contracts for Bitcoin and Ethereum. Due to fear of heights and the fear of missing out, all emotions were fully invested in altcoin contracts! This round of pullback has wiped out all the long positions in altcoins! Therefore, this round of altcoins will explode!

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