$ETH 4200: Short-term correction, long-term opportunity
$ETH Current price 4200, it seems to have pulled back, but in fact it creates a low-position opportunity for investors. On-chain data shows that large wallets and institutional funds have not withdrawn, but are quietly increasing their positions, with staking volume remaining high, and the circulating chips are decreasing, limiting selling pressure. On the technical side, around 4200 is the previous support zone, the moving averages are still bullish, and the short-term adjustment seems more like a buildup, leaving space for subsequent increases. In terms of ecology, the activity of Layer 2 and DeFi continues to rise, and actual usage demand is steadily increasing. For long-term investors, this correction is the best window for low-position accumulation. In the future, with the return of funds and the warming of market sentiment, a price surge to 6000 is almost expected. Entering the market now to capture early profit zones of the main upward wave is a wise choice.