Woke up, I don't even know what day it is with no work every day.

But it doesn't matter, let's take a look at the ETH market.

ETH attempted to hit a new high of 4900 last night, and then it came down today.

This is a normal occurrence, as new highs usually come with a lot of selling pressure.

Typically, it needs to attempt to break through around 3 times to succeed.

What conditions need to be met to stabilize at a new high? We need to see if it can break through 5000 dollars.

Round numbers usually come with a lot of selling pressure; breaking through 5000 would allow it to take off.

Chasing highs at this position is still quite dangerous, but I still expect a pullback to 6000.

So, it's better to buy on dips, around 4500-4600.

I'm in a car, so I won't participate in chasing highs.

Those not in a car can give it a try.