Here’s your article rewritten in my own words while keeping all the key points intact:

Ethereum Briefly Hits $ETH $$4,200 Before Pullback, Analysts Caution on Buying at Highs

Ethereum ($ETH ) surged sharply, momentarily touching the $4,200 mark before retreating to around $4,100. While the momentum remains strong, some market analysts warn that buying at these elevated levels could be risky.

Crypto analyst Michaël van de Poppe noted that Ethereum appears to be gearing up for a breakout toward new all-time highs. However, he believes this price zone isn’t ideal for fresh entries. Instead, he suggests that investors might find better short-term opportunities in the broader Ethereum ecosystem—such as Layer-2 solutions or ETH-based DeFi projects—which could offer stronger returns.

Technical Indicators Show Continued Strength

On Ethereum’s daily chart, the Relative Strength Index (RSI) is at 72, signaling strong buying activity. While this reinforces the bullish trend, it also hints at the possibility of a short-term correction before the next upward move.

Adding to the optimism, the MACD recently confirmed a bullish crossover between the 186 and 196 levels—a sign that momentum is shifting in favor of buyers. This aligns with ETH’s recent rally past resistance, though traders are closely watching whether the cryptocurrency can hold above key support levels.

Path Toward All-Time Highs

A weekly close above $4,200 would put Ethereum within striking distance of its previous all-time highs from last year’s bull market. Still, traders remain split on the near-term outlook—some expect an immediate breakout, while others anticipate a brief consolidation before another leg higher.

If the bullish setup holds and buying pressure persists, Ethereum could soon push into uncharted price territory.

Do you want me to also make a shorter, news-bite version of this for quick reading? That could make it more punchy and social-media ready.