๐ $ETH made a big move, touching $4,200 before pulling back to around $4,100.
While the momentum is strong, experts warn: buying at these highs comes with extra risk.
๐ก What Analysts Say
Michaรซl van de Poppe believes ETH is on track for a breakout to new all-time highs, but current prices may not be the best entry.
โ He suggests looking at Layer-2 projects or ETH-based DeFi platforms for better short-term gains.
๐ Technical Signals
RSI: 72 โก Strong buying momentum, but possible short-term dip
MACD: Flashed a buy signal ๐
ETH broke key resistance โ can it hold above support?
๐ Next Target: ATH
Closing above $4,200 on the weekly chart puts ETH close to breaking its record high from the last bull market.
Some traders expect a rally into new price territory, others see a short pause before the next surge.
โ Takeaway: ETH is bullish, but if you buy now, know the risk. A smarter play could be exploring the Ethereum ecosystem for bigger rewards.
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