BiyaPay Analyst: ETH突破4600美元，距21年历史高点仅差5%，警惕顶部大幅回调风险

BlockBeats news, on August 13, Ethereum (ETH) broke through $4600, less than 5% away from the historical high of $4868 in November 2021. This price breakthrough has attracted widespread attention in the market, with many investors believing that ETH may have entered a phase of peak and should be cautious of a significant pullback in the short term. BiyaPay analysts pointed out that as ETH prices continue to rise, market sentiment is gradually shifting towards caution. Although ETH, as the leader of smart contract platforms, still has a promising long-term outlook, it may face pullback risks in the short term. Therefore, investors should follow market fluctuations and implement risk management. In such a market environment, the BiyaPay platform offers users a variety of trading options. The platform supports the mutual exchange of over 200 crypto assets, including BTC and ETH, with zero fees for both spot and contract open orders, significantly reducing transaction costs. At the same time, users can also trade USDT for US stocks and Hong Kong stocks on BiyaPay, allowing them to freely switch between digital assets and global stock markets and capture diverse investment opportunities in one stop.