💥 Gate Square Event: #PostToWinPORTALS# 💥
Post original content on Gate Square related to PORTALS, the Alpha Trading Competition, the Airdrop Campaign, or Launchpool, and get a chance to share 1,300 PORTALS rewards!
📅 Event Period: Sept 18, 2025, 18:00 – Sept 25, 2025, 24:00 (UTC+8)
📌 Related Campaigns:
Alpha Trading Competition: Join for a chance to win rewards
👉 https://www.gate.com/announcements/article/47181
Airdrop Campaign: Claim your PORTALS airdrop
👉 https://www.gate.com/announcements/article/47168
Launchpool: Stake GT to earn PORTALS
👉 https://www.gate.com/announcements/articl
Since mid-September, Ethereum (ETH) has shown a stepped rising channel pattern on the daily chart. Currently, the ETH price is in the key range of $4,550 to $4,580, which is not only the upper band support level of the channel but also an important support conversion area after the previous breakout.
From the technical perspective of the 4-hour chart, although there has not yet been a clear top divergence signal, investors still need to remain vigilant. If, during the price rise, the Relative Strength Index (RSI) fails to reach a new high in sync, this may indicate a possible pullback in the short term.
For trading strategies, it is recommended to consider entering the market in the range of 4,560-4,580 USD, with the initial upward target focusing on 4,650 USD, and further looking towards 4,800 USD. However, investors should closely monitor market movements and adjust their strategies in a timely manner to respond to potential fluctuations.
It is worth noting that recent market expectations regarding the Federal Reserve possibly restarting its rate-cutting cycle are also affecting the trends in the cryptocurrency market. Investors need to weigh the potential impact of macroeconomic factors on the price of ETH and remain cautious and rational when making investment decisions.