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4900 USD ETH: A cheer for a new high, or the starting point for the next roller coaster?
Ethereum just briefly broke through $4900, setting a new historical high. The social circles are cheering, as if everyone is shouting: "Charge, see you at 5K!" But people in the crypto world know that a new high can sometimes be the uphill of a roller coaster.
Analysis logic:
* Fundamental Support: Under the ETH burning mechanism, the deflationary effect continues, coupled with the achievements of L2 scaling, making the ecosystem stronger.
* Capital thrust: ETF approval, institutional layout, and
View Original4900 USD ETH: A cheer for a new high, or the starting point for the next roller coaster?
Ethereum just briefly broke through $4900, setting a new historical high. The social circles are cheering, as if everyone is shouting: "Charge, see you at 5K!" But people in the crypto world know that a new high can sometimes be the uphill of a roller coaster.
Analysis logic:
* Fundamental Support: Under the ETH burning mechanism, the deflationary effect continues, coupled with the achievements of L2 scaling, making the ecosystem stronger.
* Capital thrust: ETF approval, institutional layout, and