【ETH Market Analysis】
After breaking through the previous high at the daily level, it is currently consolidating in the 4770-4800 range. From the overall market sentiment and capital flow perspective, the post-breakout fluctuations are a healthy trend, and the trend still leans towards bullish.
Personally, I am more optimistic about buying opportunities on a pullback, with an ideal entry point in the 4750-4770 range. If it can stabilize after a retracement, consider a light position. Risk control should be set below 4680, with the initial target looking at the 4850-4900 area, and if broken, aiming for 5000.
The key is to patiently wait for the right position and avoid chasing highs. Recent fluctuations have been significant, so it is essential to control your position well and manage risks properly.
The above is my personal market analysis and does not constitute any investment advice.
