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ETH is about to determine the direction of bullish or bearish trends, with a high probability of moving upwards.
Looking at the Fibonacci retracement curve between 3498-3857, it has already oscillated more than 8 waves and has nearly perfectly landed on the retracement line. After one more oscillation at most, the direction will soon be determined.
Moreover, next week is also a super week for the Federal Reserve's interest rate meeting and non-farm payrolls. Even if the interest rate meeting brings negative news, it still won't change the fact that there will be a rate cut in September. Even if there are negative spikes, the trend of altcoins will continue to rise.
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