$ETH trading around $4,200. It’s down a little from yesterday, but nothing scary. So far, ETH has moved between $4,183 and $4,386 during the day. To me, this looks like the market is just pausing, catching its breath.
What keeps me confident is the strong interest from big players. In just a few days, Ethereum ETFs pulled in about $3.4 billion, even more than Bitcoin ETFs. That tells me institutions believe in ETH’s long-term role in crypto. On-chain data also shows that 98% of ETH wallets are in profit right now. That’s huge. It shows most holders are winning, but it also means some might take profits soon.
For the short term, I’m watching two key levels:
• If ETH can push past $4,800, which is the old all-time high, I believe it can run toward $5,500–$6,000.
• But if it slips below $4,150, we could see a deeper pullback before it tries again.
For now, ETH feels steady. As a trader, I’m keeping a close eye on those levels while enjoying the fact that confidence in Ethereum has rarely been this strong.
