In the live broadcast of the language community, ETH surged 5% and broke through $4700! Has the bull market completely returned?

Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9850662513 The strong breakthrough of Ethereum this morning not only ignited investors' enthusiasm, but also sent a clear signal to the market: the strong momentum of cryptocurrency assets may have just begun. 01 Data analysis shows a strong upward trend in the market On the morning of September 13, 2025 Beijing time, Ethereum's performance was remarkable. According to market data, ETH not only reached the $4700 mark, but also rose 3.75% in the past 24 hours, reaching a new high since August 25th. Market trading activities have significantly increased. The total amount of open contracts on Ethereum has risen to $62.45 billion, indicating that market participants' confidence is increasing. Meanwhile, the daily trading volume of major exchanges exceeds billions of dollars, reflecting the increase in liquidity and retail and institutional participation. 02 Exploring the upward momentum: institutional accumulation and pledge demand There is substantial financial support behind this wave of rise. CryptoQuant analysis points out that the surge in institutional accumulation and staking demand is the main factor driving Ethereum's rise. Data shows that at least one holder transferred $645 million worth of ETH for staking, indicating that large holders are seeking long-term investments rather than short-term trades. Market analyst @ rovercrc believes that the Ethereum price regaining the $4500 mark marks a potential shift in the momentum of the ETH market. This breakthrough is not only important technically, but also psychologically, as it may attract new capital inflows and strengthen bullish sentiment. 03 Technical analysis, key positions and market signals From a technical analysis perspective, the relative strength index (RSI) of ETH is hovering around the overbought area, indicating strong buying pressure. The moving average system presents a bullish trend and has recently formed a golden crossover, strengthening the bullish logic. At present, Ethereum is approaching the 4600 integer level, and there is a certain risk of short-term correction, but the overall trend is still bullish. The key resistance and support levels are worth investors' close attention. Technical analysis shows that the key support level is at $4600, with stronger support at $4400. If the price breaks through the resistance level of $4900, it is expected to open up upward space towards $5300 or even $5700. 04 Challenges and opportunities coexist, it is advisable to be cautious and optimistic Despite strong market performance, challenges still exist. The cryptocurrency market is highly volatile, and price fluctuations can be sudden and significant. The regulatory environment is also constantly changing, and global regulatory decisions may affect the trading and usage of cryptocurrencies. In addition, competition from other layer-1 blockchains continues to intensify, posing challenges for Ethereum to maintain its leading position. However, opportunities cannot be ignored either. The sustained growth in the fields of decentralized finance (DeFi) and non fungible tokens (NFT) is expected to strengthen Ethereum's position as a leading platform. Future upgrades, including sharding and rollups, promise to significantly improve transaction speed and reduce costs. After breaking through $4700, the price of Ethereum has approached the resistance level of $4900. Once effectively broken through, the road to $5300 or even $5700 will be opened up. Institutional investors are viewing Ethereum as a multi-year strategic asset, which could provide lasting support for the ETH price. However, the cryptocurrency market is volatile, and although short-term gains are noteworthy, investors still need to be vigilant about the risk of a pullback and avoid blindly chasing higher prices. Operation suggestion: BTC 115350 go long first target watch 116455 second target watch 117550 ETH 4680 long. First target is 4735. Second target is 4780 Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system- 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 120320009032 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.