Eugene Investments (South Korea) analyst Jo Tae‑na said $ETH ’s recent dip is a normal pullback—not a reversal—and affirmed a strong long-term uptrend fueled by robust ETF inflows, rising on‑chain activity, and institutional demand from firms like SharpLink and BitMine
Jo projects $ETH near $3,800–$4,000 in the near term, with entry strategies around $3,500 support and tight stop‑loss below $3,400
Analysts generally expect resistance within the $3,800–$3,900 zone; breaking above could open room toward $4,000–$5,000 targets, though temporary overbought signals may prompt minor correction
