Recently, the Crypto Assets market has shown remarkable price movement. The price of Ethereum has climbed back to around $3700, demonstrating strong pump momentum. Market observers point out that the current price movement seems to have formed a clear descending channel. If Ethereum can continue to rise and test the upper edge of the channel, its target price may reach $3754, slightly exceeding the previous high.

Analysts believe that the performance of the dominant coins in the market often leads the overall price movement. When mainstream coins show strength, other alternative coins are also expected to rise accordingly. Currently, market sentiment is leaning towards optimism, with many investors adopting a buy-the-dip strategy. This strategy is backed by expectations regarding future economic policies, especially potential interest rate cuts that may occur in September.

It is worth noting that this week could be a golden opportunity for investors to enter the market. However, market participants should remain cautious and closely monitor various macroeconomic factors and industry trends to make informed investment decisions.

Meanwhile, there are signs of large holders increasing their holdings of Ethereum in the market, which may have a significant impact on future price movement. However, investors should rationally consider this information, taking into account multiple factors, rather than overly relying on a single indicator.

Overall, the Crypto Assets market is in a stage full of opportunities and challenges. Investors need to remain vigilant, manage risks properly, and seize possible investment opportunities.