ETH Strongly Attacks 4200! Is it the starting point of a real bull market, or a trap before the storm?
Last night, ETH surged through the 4200 mark with a strong bullish candle, and the Binance market instantly heated up.
Some people shouted excitedly: "The bull market is here! Financial freedom is right in front of us!"
Others, holding a full position, felt anxious and trembling: "Isn't this just the calm before the storm? What will happen if it crashes down in the next second?"
Professional Analysis:
From a technical perspective, ETH's recent breakthrough is accompanied by increased volume, and short-term bullish sentiment is extremely high, indicating that the market is indeed brewing for greater volatility.
But looking closely at the details, there are three points worth noting: Resistance zone pressure still exists.
4100 is a previous high resistance level, which has historically seen multiple attempts to rise followed by pullbacks, making the short-term chase for gains risky.
On-chain data shows concentrated profit-taking.
Most of the large funds that entered recently are already in a profit state and may cash out at any time.
Macroeconomic impact:
If the US stock market and macro liquidity weaken, the sentiment in the crypto market is likely to reverse.
Strategy recommendations (Binance trading perspective): Short-term: Avoid chasing highs, wait for a pullback to confirm support before positioning.
Medium to long-term: Control positions and build gradually, treating the 4200-3950 range as a testing zone.
Risk control: Always prioritize position management + stop-loss, don’t let a single pullback erase all profits.
In the crypto space, breaking through a level is just the beginning of the story, not the end.
Bull markets and traps are often just one candlestick apart.
Want to know whether this round of ETH is really taking off or just a false breakout? Come to us, and we will provide answers with data and market analysis, rather than relying on guesswork.
