Family, today Brother Yang is here to have a good chat about the market trends of Ethereum (ETH). Recently, Ethereum's performance is quite eye-catching, and many friends are closely watching whether it will rise or fall in the future, and how to operate. Brother Yang will analyze it for everyone.

The daily chart has continuously closed in the green, firmly standing above the key moving averages EMA20/50/100/200, indicating a bullish trend. However, we need to pay attention to the 4-hour chart, as the RSI is overbought at 76.14, KDJ has formed a death cross, and trading volume is decreasing, suggesting that the upward momentum is weakening and a short-term correction may occur.

Institutions are quite active, with BlackRock's ETH spot ETF seeing a net inflow of 124,431 ETH in a single day, showing strong bullish sentiment. However, there is also selling pressure, as a suspected HashKey Capital address transferred 7,300 ETH (approximately 33.86 million USD) to Binance, which has increased short-term supply. Additionally, over the past 24 hours, there have been over 40 million in liquidations across the network, mainly from short positions, indicating increased market volatility.

Considering these factors, Brother Yang has some operational suggestions for everyone. If the price retraces to around 4720 - 4690, this could be a good opportunity to go long, and one can enter to test it, aiming first towards 4780. If the market is strong, we could also look towards a higher level around 4850. But in such a volatile market, everyone must control their risks and set stop-losses. The market is like a big casino full of variables; while we want to make money, we must first ensure that we are not 'liquidated' and protect our principal, which is the key. We must not blindly follow the trend or act impulsively. #ETH走势分析