Is $ETH just one step away from the historical high? $3500 becomes the key 'doubling starting point'
The market always acts in advance. ETH is currently at $3500, which is the golden retracement point of the 2021 high of $4800. Once it breaks through $4000, market expectations will quickly switch to 'countdown to a historical new high'. From a technical perspective, long-term MA support is solid, and on-chain activity continues to strengthen. Psychologically, people tend to chase 'breakout confirmations', but the real positioning happens at the 'previous moment'. Don’t wait for the entire market to turn bullish before chasing the highs; now is the interval where smart money quietly enters the market.