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Recently, the Ethereum market has attracted widespread attention from investors. According to the latest market data, Ethereum has shown signs of a rebound near $4210 and is exhibiting a slow rise trend.
However, market analysts point out that a wave of Rebound may occur in the short term. This Rebound is seen as a consolidation phase before a significant rise that may happen in the future.
For trading strategies, some analysts suggest operating in the range of $4200 to $4230. If this range is broken, the next target price may be around $4300 to $4400.
It is worth noting that the Federal Reserve is about to release the minutes of its July meeting, which may have a significant impact on the cryptocurrency market. Investors should closely follow this event, as it could trigger market fluctuations.
Overall, the Ethereum market is currently in a critical period. Although it may face fluctuations in the short term, the long-term outlook remains promising. Investors need to consider both technical and fundamental factors when formulating trading strategies, and always follow market dynamics.