Is ETH4000 blocked? Is a pullback coming? Is now the time to get in?

🔍

Recently, ETH has performed very strongly

It is telling the world it is the strongest

Around 4000, many are stuck

This is also a potential profit-taking area for many investors

Everyone should remain calm in their operations ⚠️

💡1⃣ Daily level [ETH shows a bearish divergence]

Although the price continues to surge, the momentum indicators are weakening

Generally speaking, this structure is a "fatigue signal" after an uptrend

💡2⃣ [BTC dominance declines]

BTC.D Bitcoin dominance

continues to weaken, ETH strengthens, but BTC.D shows bullish signs

Once BTC starts to suck liquidity

ETH is likely to enter a period of consolidation

💡3⃣ [ETH open contracts surge], are retail sentiments overheated?

Contract open interest has surged in a short period

Indicating that many people are starting to FOMO into long positions

This often means the market is nearing a short-term top ⚠️

At this time, institutions are more likely to sell to those in need rather than buy more

📉 In summary:

It’s not that it won’t rise, but that it needs a break 😴

> Currently, both ETH and BTC are in a daily bearish divergence structure

Combined with the potential rebound of BTC dominance

It suggests that there may be a pullback and consolidation in the coming weeks

For those waiting with me

I tell you that there has never been a missed opportunity

That’s all just emotion

A real trending market will definitely have opportunities to get back in

📌 Trading advice (suitable for medium-term traders)

🚫 Do not chase highs, especially in contracts

✅ Those with profits can consider gradually taking profits to lock in your gains

If a structural pullback buying point appears later

Then consider re-establishing positions

For hunters, the most important thing is to patiently wait for the prey to enter the shooting range