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Matrixport predicts that ETH will fluctuate in the range of $4,355 to $4,958, with technical aspects being a key factor.
According to news from Hash World Chain, Matrixport's latest report shows that the Ethereum market remains the focus. ETH continues to rise, stabilizing near key moving averages, reflecting the low buying strength encountered in the market from early to mid-August. Momentum has slowed down, and it is expected to fluctuate between $4,355 and $4,958, with the possibility of testing the $4,355 moving average again. The key to future trends lies in whether related treasury companies continue to attract funds and how the market sentiment is shaped. Overall, the main line of the crypto market has not changed, and mastering the technical aspects may become an important factor affecting profits and losses.
$ETH #Matrixport Cryptocurrency #Ethereum Blockchain #CryptoMarket