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Prominent Analyst: Reiterates Ethereum Will Consolidate in $4,000-$5,000 Range, With $4,200 Below Being a Buying Point

5 days ago

On September 22nd, renowned crypto analyst @IamCryptoWolf posted on the X platform and reiterated the view that Ethereum will fluctuate between $4000 and $5000. He stated that "the correction is not yet finished" and that "any situation dropping below $4200 is regarded as an opportunity. The next round of uptrend is imminent, but the market requires your patience." @IamCryptoWolf shared his analysis on the Tradingview platform in 2014 and has 113,000 followers on the X platform.
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Ethereum Surges Past $4000

On September 27th, according to HTX market data, Ethereum has experienced a rebound and exceeded $4000, with a 24-hour percentage change of 2.87%.

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Bitcoin Surges Past $110,000

On September 27th, based on HTX market data, Bitcoin experienced a rebound and exceeded $110,000, registering a 24-hour gain of 0.02%.

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Ethereum Withdrawal Trend Continues, with a CEX Net Outflow of 6844.49 ETH in the Last 24 Hours

On September 27th, according to Coinglass data, within the past 24 hours, CEX had a cumulative net outflow of 6844.49 ETH. The top three exchanges with the largest outflows were as follows: · Binance, with an outflow of 4415.11 ETH; · OKX, with an outflow of 1513.16 ETH; · Bybit, with an outflow of 1092.10 ETH. In addition, Bithumb witnessed an inflow of 302.42 ETH and ranked first on the inflow list.

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Federal Reserve Governor Bowman: There will be a need in the future to adjust policy at a faster pace and with greater force.

On September 27th, Federal Reserve Governor Bowman stated in a discussion regarding monetary policy decision-making approaches: If the current conditions continue, it will be necessary in the future to adjust policies at a faster pace and with a greater magnitude. He strongly advocates that the Fed only holds Treasuries. The Fed's FOMC should now take decisive and proactive actions to address the weakening labor market dynamics and emerging signs of fragility, and it is appropriate to ignore the one-time impact of tariffs. (Oriental Fortune Network)

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DoubleZero has announced that its mainnet will go live on October 2nd, and will deploy the 2Z token.

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Data: US Stock Market Capitalization Concentration Hits All-Time High, Top 10% of Stocks Account for 78% of Total Market Value

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