[Analyst: If ETH Weekly Closing Price Holds Above $4,600, It May Rise Further to $5,200–$5,500] BlockBeats News, August 25, according to a report by Cointelegraph, analyst BitBull stated, 'ETH is attempting to close the week above $4,600. If successful, this will be a significant confirmation, indicating that this is not a bull trap.' He also pointed out, 'If ETH can achieve a weekly close above $4,600, it will mark the highest weekly closing price in history. At the same time, this will pave the way for the next upward phase, with a target price of $5,200–$5,500 in the coming week.'