With Ethereum this wave, it's highly likely to directly break the previous high, the bears should take care of themselves — it’s time to cut losses.
The liquidation chart is clear: there’s a vacuum of chips above, with little resistance, and the market has been cleaned out by continuous bad news. Now institutions are entering, with significant incremental funds, and a large amount of capital is flowing from Bitcoin to Ethereum, which is something retail investors cannot achieve with such strength.
The market rhythm is getting faster, and we have entered the acceleration phase towards the peak. Although there is slight resistance at 3750, just like how it was pushed from 2300 to 4000 in the first half of the year, a similar trend cannot be ruled out this time. Once it reaches a high position, a violent spike is expected to occur, wiping out all floating profits.
The direction is already clear, and the community has provided key positions. The market is so good, don’t go solo anymore — I have been leading the way all along.