Recently, the A-share market broke through 3700 points, reflecting domestic capital's expectations for the Fed to possibly cut interest rates in September. If this expectation becomes a reality, it may lead to capital outflow from the United States, creating opportunities for emerging markets. Against this backdrop, the short-term performance of Ethereum (ETH) is worth following.

Currently, ETH may have reached a short-term low. The market generally expects that Fed Chairman Powell will release dovish signals in his speech on the 22nd. If this expectation proves true, ETH is likely to break new highs.

In the long term, the investment outlook for ETH remains optimistic. The current price around $4050 may be a good entry opportunity. For investors who are optimistic about the future development of ETH, the current price range may provide a good buying opportunity.

However, investors should remain cautious and closely follow market trends and policy changes. The cryptocurrency market is highly volatile, and investment decisions should be based on comprehensive analysis and individual risk tolerance.