ETH Breaks $4200 to Reach a Nearly Four-Year High
Summarized from 5 articles.
ETH Breaks $4200 to Reach a Nearly Four-Year High
Price Breakthrough and Capital Situation
• ETH breaks $4200, reaching a four-year high, with a 24-hour fluctuation range of $4142-$4326
• Spot trading volume reaches $2.941 billion, with a cumulative increase of over 200% since April
• U.S. ETH spot ETF sees a record net inflow of $461 million in a single day
• Institutional investors hold 1.035 million ETH, with an average cost of $3546
Technical and Regulatory Support
• The U.S. 'Three Arrows Policy' supports the development of the crypto market
• May Pectra upgrade enhances network utility, with future Fusaka achieving an 8-fold increase in capacity
• Community sentiment is extremely optimistic, with bullish sentiment at 88.6%, discussions focused on staking rewards and DeFi 3.0
Trading Strategies and Risk Management
• Short-term support range: $3600-$3800 (intensive institutional accumulation zone)
• Key resistance level: $4320 (current historical high)
• Corrections can be positioned at $3800 +/- 5%, with a stop-loss below $3500
• On-chain trading volume increases by 70% month-over-month, validating value capture ability
• Beware of short-term 10-15% correction risks and policy uncertainties
