Institutions continue to buy the dip: BlackRock's ETHA and other ETFs are still seeing net inflows, with strong willingness to allocate large funds, providing support for the medium to long term.
Regulatory risks cannot be ignored: SEC's unclear stance on ETH, frequent global regulatory dynamics, short-term black swans may still trigger panic selling.
III. Coping Strategies: A Survival Guide in a Polarized Market
[Aggressive]
Lightly position long in the range of 4372-4380 (≤ 20% position), strict stop loss below 4350.
Target looks at 4550→4689, take profits in batches at resistance levels, refuse greed.
[Conservative]
Wait for a volume breakout above 4689 (volume > 250,000/hour) before following up on the right side.
Set stop loss at 4600, target 4800-5000, secure half of the profits.
[Must Read for Everyone]
Strictly prohibited to have heavy positions/high leverage! Keep positions within 30%, leverage ≤ 5x
Keep cash to deal with black swans; capital safety is the foundation for surviving in a bull market.
Conclusion:
Institutions are using key levels to wash out positions; panic buying is a trap. Smart investors should closely monitor changes in volume and strictly adhere to discipline. The bull market is not over, but those who flip during the journey will never reach the finish line!