Ethereum (ETH) has recently experienced a 430-point pullback. Although this is not a significant drop compared to historical highs, it has still drawn the market's attention. What will the future trend be? There is no definitive answer to this question. While we are confident about the upcoming bull run in both the stock market and the Crypto Assets market, the exact timing remains uncertain. Currently, the market direction seems closely related to interest rate cut policies. If a rate cut is implemented in September, it could ignite the fuse for the bull run; conversely, if there is no rate cut, ETH may further fall to around 3000 points.

This world is full of uncertainty, and apart from those who have insider information or market manipulators, no one can accurately predict the future. This also explains why even some large institutions periodically reduce their holdings of some Crypto Assets, mainly due to the numerous influencing factors. However, in the long run, the arrival of a bull run seems to be a high-probability event. If the ETH price falls below $4000, institutional investors may actively enter the market and make large purchases.

If interest rates are cut twice this year as expected, totaling 50 basis points, then ETH is likely to break through the 8000 dollar mark within the year. However, we must also recognize that the market is a complex ecosystem influenced by various factors. Investors need to remain rational, manage risks effectively, and closely monitor macroeconomic policies and industry development trends.

In this cryptocurrency market full of opportunities and challenges, it is crucial to remain calm and maintain a long-term perspective. Whether institutional or individual investors, it is necessary to formulate appropriate strategies based on their own risk tolerance and investment goals. ETH, as the main platform for decentralized applications, derives its value not only from price fluctuations but also from its technological innovation and the continuous development of its ecosystem.