ETH has successfully broken through 4000 six times, six times! Can Ethereum still make it?
Should we short it? Currently, the downward volume level of ETH's shape is very small, but this is due to the support of ETFs, and ETH has been pulled up along with BTC.
Yesterday afternoon, the Ethereum Foundation sold another 100 ETH. Although it's not much, news like this is considered bearish in a bull market, especially for friends who have just entered the crypto space. They are particularly sensitive to such news, leading to sell-offs. Ethereum is truly a struggling one; ETH needs two bullish candles above 4200, and we won't see ETH starting with 3. We can just hold our spot; please cherish it. ETH will eventually touch a new high of 4800; it's just a matter of time. I believe that the recent fluctuations have already shaken many people out.
Finally, during this period, the market has been quite volatile without large single-sided movements. The longer the washout in a bull market lasts, the stronger the subsequent explosion will be.
Lastly, follow me so you won't get lost; let's achieve our dreams of getting rich in this bull market together.