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Ethereum is currently consolidating around 4549, having pulled back from 4794 and holding strong three times around 4455 without breaking. This position has become an impregnable support zone.
There is some pressure above 4600, but if 4455 holds steady, there is still room for upward movement. Currently, the trading volume of 10.66 million ETH is causing significant fluctuations in the market, which is quite tense. The key point is whether the 4455 support level holds firmly.
Long in the range of 4460-4490, with the initial target at 4600, and then looking at 4730.
#Gate 8月储备金报告出炉# #ETH# #ETH#