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The recent surge of ETH towards the $4800 mark has attracted market attention, and its breakout potential depends on the macro environment and ecosystem development. Optimistic factors include rising expectations for ETFs, increased Layer 2 adoption rates, and the EIP-4844 upgrade to drop Gas fees. If the weekly technical chart can hold above the 4500 support level, it is expected to open up upward space.
The core logic behind being optimistic about ETH lies in its solid position as a leading smart contract platform, with continuous expansion in DeFi, NFTs, and institutional adoption. The position strategy suggests gradually accumulating on dips, setting dynamic profit-taking, and holding part of the position long-term to wait for the ecosystem to explode.
If the bull market restarts, ETH is likely to become the leader in gains, but we must be wary of the volatility risks brought by its high Beta characteristics. The key is whether it can maintain its competitive advantage through technological upgrades; if successful, it is expected to replicate the performance of the "bull market engine" in 2021. # ETH冲击4800# #ETH#