#ETHRally

Ethereum is now very close to breaking its previous all-time high, with the difference being less than 10%. Recently, there has been significant institutional entry through Ethereum spot funds and an increase in corporate holdings, which has boosted demand and improved market confidence. If the price breaks the resistance with clear trading volume, there could be an upward acceleration due to the liquidation of short positions and the influx of new liquidity. However, we must consider that technical indicators suggest short-term overbought conditions, which makes the possibility of profit-taking and a temporary pullback likely. If a correction occurs, we need to monitor support areas around $4100 to $4200 as they could be rebound or buying points. Any successful break with liquidity opens a wave of upward movement, followed by a temporary consolidation and then a rise, or failure to hold above the resistance could lead to a longer decline. Risk management here is very important; monitor trading volume, use a suitable stop loss, and diversify your positions instead of investing all your capital at once. Define your time frame (day trading or long-term investment), as this will change your decisions. In summary: there is a real upward opportunity, but it needs confirmation with a break accompanied by liquidity, and at the same time, the possibility of a correction exists, so have a clear plan and don’t consider this advice as financial advice; it’s just analysis and opinion. 😊👻