The following is a brief analysis of the current market situation regarding $ETH , suitable for you to judge whether to 'buy the dip or wait':

Favorable Factors

Institutions and whales continue to accumulate ETH, with on-chain data showing an increase in the number of long-term holders, supporting the medium to long-term trend. (Brave New Coin)

The technical aspect of ETH has a clear potential upward space after breaking the historical high structure; if it breaks through the key resistance level, it could trigger a new wave of increase. (Cointelegraph)

The application ecosystem continues to expand: multiple technologies supporting DeFi, NFT, Layer-2, etc., still provide fundamental support for ETH.

Risk Points

ETH has recently weakened after breaking down: technical analysis indicates a failed breakout from the channel and damage to key support (around $4,070), which may lead to further declines in the short term. (CryptoPotato)

Overall market sentiment remains cautious, and the dollar index and interest rate expectations continue to put pressure on the crypto market.

If ETH fails to maintain a breakthrough in the key resistance range (around $4,200-4,300), upward momentum may be limited. (BeInCrypto)

My View: Buy the Dip vs. Wait

If you are willing to take on medium-term risks, consider gradually accumulating ETH with a light position: it is recommended to enter when support is confirmed and volume increases.

If you lean towards being conservative or have a heavy position, it is recommended to wait and see, considering increasing your position only after ETH clearly breaks through (e.g., breaking $4,500+ with increased volume).

Regardless of which choice, you should set a stop-loss point (e.g., below the support level) to prevent structural damage.

Overall, the medium to long-term outlook for ETH remains positive, but there are short-term risks of correction. Whether to enter the market depends on your risk preference and position situation. Pay attention to key support and resistance, and operate cautiously. #巨鲸动向 #美联储降息预期 #加密市场反弹 $BTC $SOL