ETH's fourth attempt to break the 4000 mark in this cycle is really exhausting! Every time the Americans work hard at night to push it up, Asia wakes up and just sells. I don't know what they are thinking. (Sighs helplessly) This time, ETH's fourth attempt to breach the 4000 mark has been dragged down by Bitcoin. It seems that a deeper correction is necessary before it can continue to push higher. The 3800 mark is the support point.
From a long-term perspective, Ethereum definitely cannot withstand this strong resistance at 4000. This time, at most, it can be considered a failed attempt, with a correction of 1-2 weeks. Next time it approaches 4000, that would really break it, marking the start of a new round of upward momentum.
In fact, the bull market is still long, so don't rush for quick results. The market always goes up and down; it needs a year to complete its cycle, not just a few weeks. We need to be prepared for a long-term battle and try not to gamble on high-leverage contracts, as the margin for error is too low. Because those who survive until the end are the real winners!