In today's early trading session, the digital asset market has shown significant volatility. Major encryption currencies experienced a pullback after reaching a high of 4888, but the support level around 4790 has proven strong, with a low likelihood of a breakthrough in the short term. Overall, the market shows an upward trend, with buying pressure clearly dominant.

Analysts suggest establishing a long position near 4750, with a short-term target price of 4950. If this level is broken, there is hope for a continued push above the 5000 mark. It is worth noting that the trends of mainstream encryption currencies such as Bitcoin, Ethereum, and Ripple will significantly influence the overall market direction.

In addition, the recent Jackson Hole meeting and the ongoing surge of celebrity-related encryption trends may also impact the market. Investors should closely monitor these factors to adjust their investment strategies promptly. However, given the high volatility of the encryption market, investors still need to operate cautiously and manage risks effectively.