The Ethereum (ETH) market is experiencing fluctuations again, with prices falling below the $4300 mark. According to market analysis, if the $4200 support level cannot be held, ETH may further dip to around $4050.

Before the US stock market opens, the market has observed that major funds have already withdrawn. This may provide investors with an opportunity to establish long positions near the support level of $4300. It is recommended to use $4265 as a defensive line, with the expected dip potentially reaching around $4245. If market sentiment improves, the upward target may reach around $4430.

However, investors should keep in mind that the cryptocurrency market is subject to significant fluctuations and carries high risks. While some analyses suggest that September could be a critical period for a breakthrough in the crypto market, there are also rumors that Bitcoin whales are turning to Ethereum, but this information should still be treated with caution.

In the current market environment, investors need to closely monitor market trends and manage risks appropriately. Whether opening or closing positions, decisions should be made based on one's risk tolerance and investment strategy. The market is dynamic, and timely adjustments to strategy are crucial.