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After the release of today's non-farm employment data, the price of Ethereum (ETH) has shown a strong pump. Market analysts point out that this rise may push ETH to break through the key level of $4620. This potential new high has sparked widespread follow among crypto assets investors.
The current market sentiment is positive, and many traders are closely following the price trend of ETH. Analysts advise investors to operate cautiously while also emphasizing the opportunities that this rise may bring.
However, experts also remind that the Crypto Assets market is highly volatile, and investors should be prepared for risk management. Different market participants hold varying views on the short-term prospects of ETH; some are optimistic about breaking new highs, while others are concerned about a possible pullback.
In any case, the market reaction triggered by this non-farm data once again proves the significant impact of macroeconomic indicators on the Crypto Assets market. Investors and analysts are closely following the subsequent developments to assess whether ETH can achieve the expected price targets.