Ethereum (ETH) has climbed to $3,745, its highest level in seven months, reflecting a 27% gain over the past week. According to crypto analyst Wise Crypto on X, investors have withdrawn more than 317,...

Ethereum (ETH) has climbed to $3,745, its highest level in seven months, reflecting a 27% gain over the past week. According to crypto analyst Wise Crypto on X, investors have withdrawn more than 317,000 ETH, or roughly $1.18 billion, from centralized exchanges (CEXs), indicating strong accumulation and a bullish market outlook.

Wise Crypto noted that ETH is now entering the “Belief-Denial” phase on the net unrealized profit/loss (NUPL) chart, a zone that has historically preceded market corrections as holders begin taking profits. A clean breakout above the $4,000 mark could trigger a fresh rally, while failure to sustain that level might lead to a pullback toward $3,530 or even $3,130 if support levels fail.

Analysis: ETH may drop to $3,130 if $4K breakout fails

Against the backdrop of the Federal Reserve signaling potential interest rate cuts and continued favorable cryptocurrency policies, market liquidity has comprehensively warmed up, leading to a violent surge in crypto assets. Bitcoin has strongly broken through $120,000, once again setting a new historical high; Ethereum is approaching $4,000, reaching its highest point in nearly six months. Altcoins continue to spread with MicroStrategy's strategy, coupled with ETF and macroeconomic policy resonance, market sentiment has rapidly heated up, with FOMO emotions spreading extensively.

After experiencing this fierce rally, what will be the subsequent trend of BTC and ETH? Let's look at the latest perspectives from frontline traders in the market.

Macroeconomic analysis...

Multiple altcoins have finally reached new highs. Will Crypto reach new highs or a pullback in the future?

Here's the English translation:

Original Author: Social Graph Ventures

Initial Conception
When we first drafted this memo, <ZORA> had just launched, token prices were rapidly declining, and the project narrative was not yet clear.

But we were not betting on a meme coin, but rather on a protocol capable of rapid iteration and possessing the ability to "monetize on-chain attention".

Over the past few years, <ZORA> has gradually evolved from a simple minting platform to a protocol-based product with independent L2 infrastructure, ultimately transforming into a consumer-level application that helps creators monetize on the chain.

It had early...

ZORA increased 5 times in 10 days, value discovery of content tokens

[Price predictions 7/22: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE]
Bitcoin continues to face selling near $120,000, but the bulls have kept up the pressure, increasing the likelihood of an u...