$ETH 4000–4200 The Life and Death Line of Bulls and Bears
Not all fluctuations are called washouts, and not every rebound indicates a trend reversal. 4000–4200, this range is not an ordinary price zone, but the dividing line between bulls and bears, the watershed between emotion and logic.
Breaking above 4200 will reignite confidence, allowing those who missed out to catch up, and short sellers to stop losses, while the main bullish rally is signaled.
Falling below 4000 means the trend returns to a downward direction, defenders lose their position, pessimistic sentiment spreads, and the bear market pattern is confirmed.
If it regains that level, it's a bull turning back; if it doesn't, it's a false spring.
The market is never short of volatility; what it lacks is the insight to see through key levels.
Dare to bottom fish, go for it, brothers!!