In the live broadcast of the language community, ETH surged by 200 points. If you want to hit $5000, you need to see if 4680 breaks the level! Detailed layout of live streaming room and follow-up strategy!

Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9850662513 While the market was still wondering whether Bitcoin could stabilize 110000 yuan, ETH suddenly threw a "Rocket". On the early morning of August 27th, the price rose by $200 within an hour, breaking through the key level of $4600, and short positions were liquidated by over $500 million, directly putting the topic of "$4680 short cemetery" on the hot search list. Don't just focus on the frenzy of price surges, today we will uncover the truth behind ETH's explosive rise, whether $4680 can break through, and whether it's time to get on the road. Let's help you understand whether this market trend is a flash in the pan or a starting point of $5000? [1. News: The sharp rise in the early morning is due to institutional sales and technological upgrades] Sharp Link Gaming, a Nasdaq listed company, has increased its holdings by 10975 ETH, with a total position of over 530000 ETH, just like buying Bitcoin with a micro strategy; BlackRock and Fidelity's ETH ETF saw a net inflow of $450 million in a single day, with fewer and fewer circulating stocks, resulting in a natural price increase!. Electra upgrade has been implemented. After the upgrade on August 24th, the TPS of ETH has increased from 1500S to 10000S, and the gas fee has decreased by 85%. Previously, transferring an account cost 50U, but now it only costs 7.5U. Large companies such as Deloitte and JPMorgan Chase have started to migrate projects to the ETH mainnet, and the practical value has increased. Can the price not rise? The US SEC has approved the ETH spot ETF, while the EU MiCA regulations specify it as a 'technical asset', significantly improving compliance. Is $4680 a bearish graveyard or a roadblock? Just read these two signals to understand On chain data shows that the amount of ETH pledged has reached 27 million, accounting for 22% of the liquidity. These coins have been locked for at least 18 months: with the addition of 15 million ETF holdings, a total of 42 million ETH have been locked, which is equivalent to "1/4 less circulating coins in the market". rarity is precious. When it broke through 4600 yesterday morning, the trading volume was still increasing (4 billion US dollars), indicating that the buying market is strong enough, and the 4680 locked in market is likely to be eaten up. The bears have already panicked, and the wave of liquidation is still continuing. But we should also be wary of "false breakthroughs": if the trading volume drops below $2.5 billion in one hour (37% less than before) when it reaches 4680, it indicates that buying cannot continue and may rebound to $4500; If the trading volume can be maintained above 3.5 billion, it will directly charge 5000 US dollars after breaking the 4680s. Thirdly, the technical aspect has already given a signal: an upward channel+bullish buying, with the main force showing obvious protection Trend line support: The price steadily rises along the middle track of the Bollinger Bands, and the lower track of the channel ($4310) has been tested three times without breaking. Every time it falls to this point, funds take over, indicating that the main force is protecting the market. Volume price coordination: Yesterday afternoon's "bullish candlestick" was even more crucial: it directly covered the first three bearish candlesticks, with trading volume skyrocketing from $2 billion to $3.5 billion, a typical "bullish devouring" signal, which is a precursor to a "big rise"! MACD indicator endorsement: The MACD bar chart continues to shorten, the DIF line is about to cross the 0 axis, and although RIS is in the neutral zone, the low point is gradually rising, indicating storage capacity. Operation suggestion: - Long BTC 110800, first target 112500, second target 113800; - ETH 4530 long, the first target is 4660, and the second target is 4750. Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system- 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 120320009032 Every day, there are teachers in the group who arrange precise positioning to answer questions and provide free guidance Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.