Recently, the cryptocurrency market has shown a positive trend, with Ethereum (ETH) performing particularly well. After successfully holding the key resistance level of 3600, the price of ETH has broken through the 4000 mark, and market sentiment has become optimistic.

Current market data shows that the Fear and Greed Index is at 32, while the Altcoin Index has reached 71, reflecting an increase in investor confidence. In addition, the expectation of interest rate cuts in October exceeds 90%, which may further drive the development of the cryptocurrency market.

It is worth noting that some small cryptocurrencies have also seen significant growth. In the past month, a specific project added 5,000 holding addresses, bringing the total to 19,000, with 1,000 new addresses added in a single day. This project experienced a rise of up to 400% in just four days, attracting widespread attention in the market.

However, investors should keep in mind that the cryptocurrency market is highly volatile. Although certain tokens may experience explosive growth in the short term, they also come with high risks. It is recommended that investors conduct thorough research and risk assessment before making any investment decisions.

As the PCE data is about to be released, the encryption market may experience a certain degree of adjustment. At the same time, the movements of large holders (commonly known as "whales") are also worthy of close attention, as their actions may have a significant impact on the market.

Overall, although the current market shows an upward trend, investors still need to remain vigilant, closely monitor market dynamics, and manage risks effectively.