Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9850662513 Ethereum is at a critical technological juncture. The price formed a tight symmetrical triangle between $4250 and $4370, while $4200 has become the focal point of the long short battle. This price level is not only a psychological integer threshold, but also an important support level that has been verified multiple times. The 200 day moving average and trend line support also overlap here, increasing their technical importance. The bullish camp firmly believes that $4200 will be the bottom of this round of adjustment. Technical analysis shows that the support level of $4200 has been tested twice and remains stable, laying the foundation for a short-term rebound. On chain data provides some positive signals. On September 8th, $31.9 million of ETH flowed out of the exchange, and this sustained outflow of funds may indicate an accumulation of funds. The tokenization trading proposal put forward by Nasdaq has attracted market attention, which may bring more institutional funds to cryptocurrencies and pose long-term benefits for assets with practical application scenarios such as Ethereum. 【 02 Short Pressure: Heavy Resistance and Insufficient Liquidity 】 The bears pointed out that ETH is facing significant resistance. The upper 20 day moving average is around $4312, and the 50 day moving average is around $4351, continuing to limit price increases. The extreme decline in trading volume indicates a lack of clear trend direction in the market. Analysts warn that without sustained inflows of $50 million to $100 million, ETH may lack the momentum to achieve a decisive breakthrough in the short term. The clearing data highlights the risks. If Ethereum falls below $4200, the cumulative liquidation strength of mainstream CEX orders will reach $1.96 billion, which may trigger a chain reaction and exacerbate the downward trend. 【 03 Key position: Triangular convergence and direction selection 】 From a technical perspective, ETH is forming a symmetrical triangle on the 4-hour chart, with the fluctuation range gradually narrowing, supporting around $4250 and resistance around $4370. The RSI index is close to 46, indicating insufficient market momentum and no clear direction signal. This low volatility convergence usually indicates upcoming directional choices and an expansion of market volatility. Market strategist Ted pointed out that the trend of Ethereum is similar to the cyclical structure of Bitcoin in the past. Bitcoin experienced a nearly 20% pullback after hitting its previous historical high before resuming its upward trend. 【 04 Future Outlook: Two Extreme Scenarios 】 If the bulls can defend $4200 and push the price past the resistance of $4370, the next target level will be in the $4500-4750 range, and may even test the psychological barrier of $5000. On the other hand, if the bears have an advantage and fall below the support of $4200, they may explore the $4100 or even $3800-3900 range. This healthy correction may accumulate strength for subsequent strong upward movements. Some analysts believe that if Ethereum breaks through $4400, the mainstream CEX's accumulated short clearing intensity will reach $709 million, which may trigger short squeeze and drive prices up rapidly. For investors, they can pay attention to the short-term breakthrough of $4370, while long-term investors can closely monitor the low buying opportunities in the $4100-4200 range. Market participants should closely monitor the confirmation of trading volume for any breakthrough attempts, as September may determine whether Ethereum will rise to $5000 or experience a pullback before resuming its upward trend. Operation suggestion: - BTC 110850 long first target watch 111950 second target watch 112850; - ETH 4265 long. First target: 4325. Second target: 4375 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.

[U.S. Treasury Secretary: If Trump Tariffs Are Ruled Illegal, Potential Refunds Could Reach $1 Trillion] Odaily Planet Daily reports that the U.S. government has collected tens of billions of dollars under the so-called 'reciprocal tariffs' implemented by Trump. However, if the Supreme Court upholds the lower court's ruling—that tariffs imposed on imported goods are illegal—these funds, or even more, may ultimately be refunded. U.S. Treasury Secretary Scott Besant warned in a statement submitted to the Supreme Court that the total amount of refunds could range from $750 billion to an astonishing $1 trillion. (Jin10)

[QMMM Announces Plan to Establish $100 Million Cryptocurrency Treasury, Stock Price Rises 18.9%] Odaily Planet Daily News: U.S. stock market data shows that QMMM Holdings saw its stock price rise by 18.9% after announcing plans to establish a $100 million cryptocurrency treasury.

At the opening of the US stock market, the Dow Jones Industrial Average rose 1 point, the Nasdaq rose 44 points, and the S&P 500 index rose 0.08%.

The credential stealer harvested username, password, and 2FA codes before sending them to a remote host. With full access, the attacker republished every "qix" package with a crypto-focused payload.