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The latest price of Ethereum (ETH) has successfully broken through the key resistance level of $4260, injecting strong confidence into the market. Recently, on-chain activity has remained active, and institutional investors have increased their investment efforts. These factors have jointly driven the price of ETH to rise steadily. Analysts predict that if the current trend continues, ETH is expected to challenge the important threshold of $6000 in mid-September.
The current market pace is clearly accelerating, and investors need to closely monitor market developments. As the cryptocurrency market gradually warms up, ETH, as the leader of smart contract platforms, is gradually releasing its value potential. However, investors should also act cautiously, fully assess risks, and formulate reasonable investment strategies.
The continuous development of the Ethereum ecosystem and the upcoming network upgrades may further drive the rise in ETH prices. However, the cryptocurrency market has always been highly volatile, and investors should consider multiple factors when making decisions, including but not limited to technological advancements, regulatory environment, and overall economic conditions.