On August 26, according to a screenshot of Tom Lee's tweet, analyst Mark Newton, who accurately predicted last week that Ethereum would reach a short-term bottom at $4,070, stated that Ethereum has a good risk-reward ratio at this price. Unless the bull trend is broken, Ethereum will not fall below $4,067 again.
Ideally, Ethereum will bottom out around 4300 points and then begin to rebound, setting new highs again and breaking through 5100 points and climbing towards around 5400-5450 points, which could be of great significance.



