ETH has already broken 4700 before the US stock market opens. At this momentum, breaking the historical high of 4860 is just a matter of time.
There are no trapped positions above 4700, so attention should be paid to long positions taking profits and spot profit-taking. There is no need to say much on the institutional side, what you sell will be bought back.
If it can pull back to the 4600-4560 range during the day, the target looks towards 4800 and 5000. $ETH #ETH突破4600