ETH broke 4200! The market instantly exploded—some say the bull market has arrived, while others fear a crash is near.

But I think, behind the breakthrough of 4200, we need to stay calm and look at historical data.

Do you remember? Last March it broke 4000, and in April it directly fell to 2911.

In May it surged to 3980, but in August it plummeted again to 2112.

Then in December it reached 4109, and by April 2025, we saw another crash to 1384.

Every time it breaks through 4000, the volatility is huge; we need to be cautious!

From a technical perspective, the short-term moving average is key: when the moving average is rising, it indicates short-term bullishness; when it's falling? That's a risk!

In the long run, the MACD is still supporting the bulls, and we remain optimistic long-term.

But the market is contradictory:

Those who are bullish feel that a breakthrough indicates recognition, and prices may continue to rise, even hitting new highs;

Those who are bearish believe that the shadows of history still loom, and a shift in sentiment could lead to a significant drop.

My personal suggestion:

For short-term players, don’t rush to go all in; stay alert, and managing profits and losses is very important;

For long-term holders, don’t worry about short-term fluctuations; hold on with confidence, as there will still be opportunities in the future;

In any case, stay calm and don’t let emotions control you.

After breaking 4000, the future trend is filled with uncertainty, and both rises and falls are possible.

Rational judgment and in-depth analysis are your keys to surviving in the market.