$ETH ETH is currently in a strong but sensitive phase: institutional accumulation and ETF inflows lay the foundation for the medium term, but short-term overbought and leverage risks need to be vigilant for a correction. It is recommended that investors strictly adhere to stop-losses, pay attention to the $4,000 watershed and policy trends, and strategically position for quality entries on dips.

Support Levels: $4,000 (psychological barrier and short-term strength weakness demarcation), falling below may test the $3,700-$3,800 range; $3,550 (strong weekly support).

Signs of divergence between volume and price are emerging, and if sustained upward movement does not increase in volume, it may trigger a technical pullback.

If the $4,000 level is lost, bears may test the $3,550 or even the $3,150 gap (area of demand for replenishment).