Why has Ethereum been so strong recently? 🚀
Institutions and large holders are continuously increasing their positions, with chips concentrated around $3500. The Ethereum ETF is progressing smoothly, and big funds are preparing in advance. Currently, the key support level is at $4700. As long as the support holds and stabilizes, Ethereum will aim to break through $4800, with the first target being the $4830-$4850 range.
I have already called this out before. Those who believe in Yao Ge should have entered the market. For those still observing, keep watching, but don't come back to Yao Ge saying you regret not entering when it hits $4800. I can only say that you don't deserve to make money in this market if you can't even eat what's served on a plate.
