In the crypto world, there are no eternal bulls or bears, only eternal volatility! ETH, this wild horse, is currently stuck at the crossroads of $4200 — is it gathering strength for a charge, or is it turning back? Brother Long will help you see through the fog and understand the essence!

Current ETH trend:

Price bouncing range:

Resistance level at $4400: It has attempted to break through several times without success; large funds are selling here.

Center point at $4200: ETH is currently hovering around here, caught between going up or down.

Support level at $4000: If it breaks, a rapid decline may occur; if it holds, there is an opportunity to rally again.

Technical analysis:

MACD death cross: Short-term momentum weakens, like a car slowing down while shifting gears, a pullback may occur.
RSI 60+: Not considered overbought, but not cheap either; some people may want to take profits.
Trading volume is average: No large funds are buying or selling frantically, and market sentiment is cautious.

Summary: ETH currently feels like walking on a tightrope; a short-term pullback is possible, but if it stabilizes above $4000, there are still opportunities for a high rally.

Brother Long's view: Risks and opportunities coexist.
Short-term risks:

MACD death cross + RSI in mid-high range, high probability of a pullback; if it breaks 4000, it may test 3800.

Institutional funds have seen inflows, but ETF outflows hit a record in a single day; short-term selling pressure remains.

Potential opportunities:

If it stabilizes above $4000 and breaks through $4400 with volume, the target could be $4500-$5000.

Institutions continue to increase positions, long-term bullish logic remains unchanged.

Short-term players: Reduce positions on highs, consider buying back when it tests around 4000.

Long-term holders: Ignore short-term fluctuations, focus on the 4000 support level; if it breaks, adjust the strategy.

Is this wave of ETH a 'false drop shakeout' or a 'real drop turning bearish'?

Follow me, don't get lost! I'll help you catch the next wave of market movement ahead of time!