Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Based on the comprehensive technical patterns, on-chain data, and analyst opinions, a relatively balanced conclusion can be drawn:
1 Short-term trend is bullish: Multiple signals suggest that it is highly probable for ETH to recover to 4500 USD in October. The current rebound is supported by its inherent technical and on-chain logic, and is not just a flash in the pan.
2 Key positions are clear: $3550 is the recent bullish-bearish watershed, while $4500 is the primary target that bulls need to conquer. Traders should closely monitor the volume changes at these two key price levels.
3 Healthy correction rather than bear market end: From a larger cyclical perspective, this pullback should be defined as a healthy valuation repair, which has taken the market out of the "frenzy" state of August and laid the foundation for a more stable and longer-lasting rise.