$ETH Someone asked me to talk about Ethereum. In fact, Ethereum is now quite similar to Bitcoin last October. The bottom has built up enough momentum for a stretch, and currently, it looks very stable, with no medium to long-term short signals. 4300 is definitely not the peak for this stage; after breaking through 4000, we can say there is no pressure ahead. Absolutely do not short, and the swing trades have been withdrawn. If the upward momentum is maintained, hitting 5000 is not a problem, and it might even reach 6000. Why do I say this? After Bitcoin broke 80k, it had no resistance and soared to 110k. Now it’s the same, after some sideways movement, it makes you think it’s about to drop, but then it just skyrockets, trapping you. Last year was the same, how many people got trapped when Bitcoin was over 80k, with liquidations and those forced to sell at a loss. It is generally believed that after breaking resistance and stabilizing, the original resistance level becomes a support level. Now let’s see, after breaking 4000, did it stabilize? Then a bunch of people rushed to short. Now it has shot up to 4200 and is consolidating, unable to drop. This is already giving those who are trapped a chance. Let’s not even talk about 5000; in a couple of days it might rise to 4500, and I guarantee the market will be in an uproar.