$ETH MicroStrategy Chairman Tom Lee just cited the views of Bloomberg analysts: ETH is currently only experiencing a slight pullback, expected to reach 4075 - 4150 USD around the middle of this week, but emphasized that this pullback is healthy.
And the analysts' views:
This round of consolidation will last for another 1 - 2 days, but around the middle of this week, at 4075 - 4150 USD, will form the best accumulation zone.
After that, ETH is highly likely to surge to about 5100 USD towards a new high.
The current pullback aligns with the typical movement in Elliott Wave theory, and is not a major concern.
Meanwhile, as long as $BTC does not fall below 111900, it is expected to rise to 130,000 - 140,000 USD next, continuing to bet on the market trend.